RBA lifts cash rate to 4.35%, in “make or break” call for SMEs
Interest rates look set to climb higher, after the Reserve Bank of Australia today decided to raise the official cash rate by 25 basis points to 4.35%.
“What’s next on the chopping block?”: How Australian small businesses are reacting to the interest rate pressure
Asking for payment extensions. Pausing ad campaigns. Slashing graphic design projects. In the face of surging interest rates, entrepreneurs are making drastic decisions to cope with the new cost of their loan repayments.
Cash rate hits 3.35% as RBA signals more hikes to come this year
The latest 0.25 percentage point rise adds $90 a month to a $600,000 variable mortgage.
Why house prices are continuing to fall as inflation rises in Australia
In recent years, housing became more expensive at a faster rate than essentially everything else. Is there more room for prices to drop?
Three Linktree insights that show it’s a good time to diversify your revenue streams
With the cash rate continuing to rise, business owners and entrepreneurs are strategically searching for new ways to diversify revenue streams, says LinkedIn founder Anthony Zaccaria.
RBA says inflation will peak at 8% by the end of 2022
Reserve Bank governor Philip Lowe also says inflation will hover above 3% in two years.
Everything in Australia is going up in price — except property
With the cost of seemingly everything rising, why are house prices falling? And who will be hit hardest?
Reserve Bank of Australia issues Melbourne Cup day cash rate hike as inflation bursts out of the gate
One favourite has already come good on Melbourne Cup day after the Reserve Bank of Australia raised its cash rate target 25 basis points to 2.85%.
RBA issues 0.25% cash rate hike, undercutting market predictions on its crusade against inflation
The Reserve Bank of Australia today lifted the cash rate target 0.25% to 2.6%, undercutting market predictions of a sharper 0.5% hike and signalling a slowdown of the central bank's inflation-busting strategy.
The jobs market shows no signs of slowing down, so prepare for more big rate rises
Our employment market is running hot, even if no one is getting wage rises. And that means there'll be a lot more interest rate increases to come.
Australia’s June quarter accounts show GDP is doing well, but economic management is about to get harder
Australia’s economy is now more than 5% bigger than it was before COVID-19, a better performance than most comparable economies.
RBA hikes cash rate to 2.35%, marking a record five months in a row of increases
The Reserve Bank of Australia has declared it will increase the cash rate target for a fifth time by 50 basis points to 2.35%, following its monthly meeting this afternoon.
