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Thinktank says government and Bank of England need to take more joined-up approach to solving economic problemsThe Treasury should use price controls and cuts in VAT during the cost of living crisis to prevent the Bank of England from driving the econo…
Many mortgage lenders reporting increased competition, meaning savvy borrowers can negotiate for a better dealFollow our Australia news live blog for latest updatesGet our morning and afternoon news emails, free app or daily news podcastIn real estate,…
Bank of England is unlikely to cut interest rates any time soon and Treasury unlikely to cut taxes due to fear of higher inflationUK economy flatlines in third quarter amid high interest ratesBusiness live – latest updatesLike a sailing ship trapped in…
Zero growth also underlines impact of inflation on consumer spending and business activityThe UK economy flatlined between July and September, compared with the previous three months, as the impact of high interest rates and inflation weighed on consum…
Strong competition for mortgage customers is putting pressure on its margins, NAB saysFollow our Australia news live blog for latest updatesGet our morning and afternoon news emails, free app or daily news podcastNational Australia Bank has recorded a …
Upmarket estate agent says prices will start to bottom out in 2024 as interest rates fall and will return to growth in 2025 Britain’s housing market is past “peak pain” and prices look likely to bottom out by next summer, according to the estate agency…
RBA governor Michele Bullock’s debut rate rise as governor looks unlikely to be repeated next monthGet our morning and afternoon news emails, free app or daily news podcastHad the Reserve Bank left its cash rate unchanged on Tuesday, a few pundits woul…
Quarter-point increase to the cash rate will add roughly $100 to monthly repayments for a standard mortgage of about $600,000Follow our Australia news live blog for latest updatesGet our morning and afternoon news emails, free app or daily news podcast…
This blog is now closed.China and Australia agree to new multi-entry visa as Albanese touts improved relationship after thawReserve Bank hikes interest rates by 25 basis points to 4.35%Without A Fight wins 2023 Melbourne CupGet our morning and afternoo…
Almost a quarter of households say interest rate rises are having a ‘very negative’ impact, as the RBA considers a 13th rate rise this cycleGet our morning and afternoon news emails, free app or daily news podcastMore than half of Australians say they …