Jacob Shteyman
Crunch time for borrowers as RBA unveils rate call
Borrowers could be just weeks away from mortgage relief with a long-awaited Reserve Bank of Australia interest rate cut widely expected to...
‘No.1 focus’ won’t change, whatever RBA decides: Chalmers
Treasurer Jim Chalmers has refused to predict the Reserve Bank’s keenly anticipated rates decision, while continuing to spruik Labor’s economic credentials. “We’ll...
Economists less confident of a RBA rate cut than the share market
A clear majority of economists believe the Reserve Bank of Australia will cut rates at its next board meeting, but they are...
Aussies with HECS debts to get easier mortgage access
Home ownership will be made easier for Australians with outstanding student debt after financial regulators promised to update their guidance on lending...
Floods hit banana prices, national economic output
Grocery prices are forecast to spike across the country as the impact of the north Queensland floods spreads beyond drenched tropical communities....
Ukraine promises to negotiate swap for captured Aussie
Ukraine has promised to negotiate the exchange of captured Australian Oscar Jenkins as the two nations reiterate their co-operation against Russia’s invasion....
Big four banks cut fixed mortgage rates ahead of RBA
NAB has become the first big bank to cut fixed-interest mortgage rates, following challenger Macquarie, as expectations of an impending Reserve Bank...
Households bank on inflation unlocking door to rate cut
Mortgage-holders will be about $8000 better off on average if a slowdown in inflation paves the way for the Reserve Bank of...
Jobs market still tight as employment jumps sharply
Australia’s jobless rate has increased following a surprise tightening in the labour market, but a sharp rise in employment means the “inflation...
Consumer spending plunge brings hope of rate cut
Australians pulled back sharply on purchasing household goods after bringing forward spending during Black Friday and Cyber Monday sales. Consumer spending fell...