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Owner-occupier mortgage growth slowed under growing costs while investor loans grew by $42bn in the year to March, a 9.6% increaseGet our breaking news email, free app or daily news podcastProperty investor borrowing rose at its fastest rate in a decad…
Follow today’s news liveGet our breaking news email, free app or daily news podcastJim Chalmers says next Tuesday’s budget will not extend the 26 cent fuel tax cut beyond June.But with Australia “hostage” to the wild swings in global oil prices amid th…
While interest rate rises can’t affect the surging price of oil caused by Middle East turmoil, they are still the Reserve Bank’s best – and only – tool to fight inflationFollow our Australia news live blog for latest updatesGet our breaking news email,…
Governor says decision to keep rates at 3.75% reasonable given unpredictability of events unfolding in Middle EastBusiness live – latest updatesWhy Bank kept rates on hold despite UK bracing for TrumpflationThe Bank of England has left interest rates u…
This blog is now closedWarning: This article contains references to Indigenous Australians who have diedGet our breaking news email, free app or daily news podcastChalmers understands calls for gas export tax, but says government focused on getting fue…
Financial markets are betting the Reserve Bank will hike interest rates for a third straight meeting next TuesdayFollow our Australia news live blog for latest updatesGet our breaking news email, free app or daily news podcastInflation jumped to 4.6% i…
Niesr says even under best-case scenario, economy would grow at slower pace in 2026 and 2027 because of conflictBritain is facing a £35bn economic hit and the risk of a recession this year as the fallout from the Iran war adds to the pressure on Keir S…
Another interest-rate cut highlights the narrowing path for the country’s central bank amid the strains of immense wartime spending.
A poll shows most Australians think the country is either in a recession or will be soon. Economists have a different viewGet our breaking news email, free app or daily news podcastAustralian households were already on edge before the bombs started fal…
Annual March rate shows impact of Iran war, which also pushed up cost of food and air faresBusiness live – latest updatesUK inflation accelerated to 3.3% in March after the Iran war triggered the biggest jump in fuel prices for more than three years.In…