Posts tagged "interest rates"

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%.

Sydney restaurant chain Burger Head has delivered an unvarnished view of life in the hospitality business, using a series of public posts to explain the "devastating" decision to close its remaining brick and mortar stores.

With low variable interest rates expiring, more Aussies want to refinance their mortgages. Sherlok's AI lets brokers do this in one click.

Melbourne retailer Design A Space will close its stores next month, calling time on a retail model which allowed rural and regional small businesses the chance to stock their products in the city centre.

With all signs pointing to an economic cool-down and further drops in consumer spending, the June rate hike is likely to rattle SMEs running out of expenses to cut.

Rising interest rates, inflation and supply chain concerns have all played a part in the collapse of innovative dairy startup Made by Cow.

The latest 0.25 percentage point rise adds $90 a month to a $600,000 variable mortgage.

Interest rates are almost certain to rise again in February, after the latest Consumer Price Index (CPI) figures showing inflation hit 7.8% in 2022 – its highest rate in 33 years.

In recent years, housing became more expensive at a faster rate than essentially everything else. Is there more room for prices to drop?

Rising interest rates are meant to encourage saving. But our high savings buffer means we're still spending freely while inflation rises.

You might not know it from reading Tuesday’s statement announcing Australia’s eighth consecutive increase in interest rates, but our Reserve Bank might finally have done enough.

Reserve Bank governor Philip Lowe also says inflation will hover above 3% in two years.