More results...
Five leading economists give their views on what’s on the horizon for Australia’s economic futureFollow our Australia news live blog for the latest updatesGet our morning and afternoon news emails, free app or daily news podcastThe Reserve Bank surpris…
This blog is now closedTurkey and Syria earthquake: four Australians missing following disasterGet our morning and afternoon news emails, free app or daily news podcastComplaints about telcos jumps 9.9% in last quarter of 2022The number of complaints a…
Former PM insists, however, that it is unfair to blame actions she took in office for rising mortgage ratesLiz Truss has admitted cutting the 45p tax rate was a “perhaps a bridge too far” but said it was not fair to blame her mini-budget on rising mort…
Inflation could become entrenched as Covid, energy shock and Brexit hit economy, says Catherine MannA senior Bank of England policymaker has warned the central bank could be forced to keep raising interest rates to prevent high levels of inflation from…
Inflation should be back within Bank’s 2% target range by middle of 2024, Huw Pill addsThe Bank of England is alive to the risk of pushing interest rates too high, its chief economist has signalled, adding to expectations that it could be nearing the e…
All said they remain committed to keeping credit conditions as tight as necessary to return inflation to their common two per cent target from current levels still far above that.
The International Monetary Fund this week said that the U.K. was on track to be the only major economy to shrink this year, even as the outlook for the rest of the world improves.
Hike of 0.5 percentage points lifts rates to 14-year high, but BoE says shorter and shallower recession now more likelyInterest rates rise again but Bank of England hints at a brighter futureThe Bank of England raised interest rates for a tenth consecu…
Agency’s economic report card suggests scope to reassess stage-three tax cuts, but treasurer says the government’s approach cuts ‘hasn’t changed’ Follow our Australia news live blog for the latest updatesGet our morning and afternoon news emails, free …
Average cost of home now 3.2% below August 2022 peak as mortgage demand slumpsHouse prices in the UK continued to fall in January, sliding for the fifth month in a row, according to Nationwide, pushing the average cost of a home 3.2% below the peak se…