
Families to feel ‘sting’ of RBA rate hike: Chalmers
Treasurer Jim Chalmers has conceded Tuesday is “another difficult day for Australian home owners” after the Reserve Bank lifted the official cash...

Reserve Bank hikes official interest rates to six-year high
The Reserve Bank has lifted the official cash rate by another half a percentage point as it seeks to rein in rising...

Cost-of-living crisis will get worse before it gets better: Jim Chalmers
Treasurer Jim Chalmers has conceded the cost-of-living crisis will get worse before it gets better after the Reserve Bank lifted interest rates...

Reserve Bank raises cash rate by 50 basis points to 1.35 per cent
The Reserve Bank has lifted interest rates for the third time in as many months as it seeks to combat rising inflation....

High inflation to persist for ‘some years’, warns Reserve Bank boss
The governor of the Reserve Bank has warned high inflation is likely to persist for years as the global economy works through...

Albanese welcomes pay rise for pandemic ‘heroes’
Prime Minister Anthony Albanese has welcomed the Fair Work Commission’s decision to raise the minimum wage by 5.2 per cent. But business...

Fair Work announces 5.2 per cent increase to minimum wage
The minimum wage will rise to $21.38 an hour after the Fair Work Commission announced a 5.2 per cent increase on Wednesday....

Bowen faces calls to slug gas companies with windfall profits tax
The Albanese government is facing renewed calls to introduce a windfall profits tax on the gas industry after a new report found...

‘A taste of what’s to come’: Home owners slugged with second rate hike
Home owners could see their monthly mortgage bills rise by hundreds of dollars in coming weeks after the Reserve Bank hiked interest...

Property prices fall in Sydney and Hobart as national boom slows
Property prices are falling in Sydney and flatlining in Melbourne as declining affordability and looming interest rate hikes deter buyers from entering...