Australia's interest rate fixation may hurt economy
Australia's relentless focus on interest rates may be overshadowing critical economic reforms needed to boost productivity and long-term growth.
Australia's relentless focus on interest rates may be overshadowing critical economic reforms needed to boost productivity and long-term growth.
The Reserve Bank of Australia has lowered the cash rate to 3.6%, offering much-needed relief for mortgage holders amid economic uncertainty.
A former City trader has had his conviction for Libor rate-rigging overturned, marking a dramatic turn in one of the financial sector's most notorious scandals.
Prime Minister Anthony Albanese supports Palestinian statehood as the Israel-Gaza war continues. Meanwhile, the RBA keeps interest rates unchanged amid economic uncertainty.
Millions of Australian homeowners are being warned about a critical mortgage mistake that could lead to significant financial losses ahead of a major interest rate decision.
Experts predict the Reserve Bank of Australia will cut interest rates this August, offering relief to borrowers amid economic uncertainty.
Japan's birth rate crisis is set to worsen, with projections showing a potential loss of one million people per year by the 2040s, threatening economic stability and social structures.
With the Bank of England hiking interest rates yet again, homeowners on variable mortgages face steep repayments while savers see little benefit. Here’s what it means for you.
The Bank of England has kept interest rates unchanged at 5.25%, offering temporary relief to mortgage holders. However, experts warn that persistent inflation could lead to future hikes, squeezing household budgets further.
The Bank of England has slashed interest rates to a historic low of 0.1% in an emergency response to the economic fallout from the coronavirus pandemic. Find out what this means for savers, borrowers, and the UK economy.
Former US President Donald Trump's claims about soaring crime rates under Biden are contradicted by the latest FBI statistics showing a significant drop in violent offences.
The Productivity Commission explores the potential benefits of lowering company tax rates, using a cashflow model to predict economic growth and business investment.
The Reserve Bank of Australia's latest inflation call could impact millions. Here's how it affects your cost of living, mortgages, and savings.
China introduces financial incentives to encourage couples to have more children as the country faces a looming demographic crisis. Experts weigh in on whether this strategy will work.
China introduces new childcare subsidies and parental leave policies to encourage families to have more children amid a deepening demographic crisis.
David Crisafulli asserts a decline in Queensland's crime victim rate, but Labor criticises the data as cherry-picked. A heated debate unfolds over crime statistics.
The Reserve Bank of Australia faces a critical decision on interest rates as new inflation figures set the stage for potential cuts. Experts weigh in on the economic outlook.
New research reveals a dramatic drop in the number of cousins per child in the UK, as family sizes shrink and birth rates decline. Experts warn of social and cultural implications.
New data reveals a notable drop in homicide rates across major US cities, marking a positive shift in urban safety trends.
The Reserve Bank of Australia has dashed hopes of imminent interest rate cuts, leaving millions of borrowers facing continued financial strain. Here's what the RBA governor said and what it means for your wallet.
Reserve Bank of Australia Governor Michele Bullock signals caution on rate cuts, demanding clearer inflation trends before easing monetary policy.
State Farm has ignited outrage in Illinois with an unprecedented 30% rate increase for homeowners' insurance, prompting calls for regulatory intervention.
Two former City traders have had their convictions for rigging key financial rates quashed by the Court of Appeal, marking a dramatic turn in a long-running legal saga.
Reserve Bank of Australia Governor Michele Bullock warns of prolonged high interest rates, spelling trouble for millions with mortgages. Experts predict financial pain ahead.
As savings surge among Australians, banks are reducing deposit interest rates at a quicker pace than the Reserve Bank’s official cash rate adjustments, squeezing returns for savers.
Britain's unemployment rate has surged to its highest level in four years, raising concerns over the effectiveness of current economic policies. Experts warn of deepening challenges in the job market.
Australian Prime Minister Anthony Albanese faces criticism as unemployment climbs despite soaring immigration levels, sparking debate over economic priorities.
Both England and India face fines for slow over-rates in their recent Test series, with players losing significant match fees. Find out the details and implications.
The Reserve Bank of Australia has banned excessive credit card surcharges, aiming to protect consumers from unfair fees. Here’s how it impacts shoppers and retailers.
The Reserve Bank of Australia (RBA) has urged the government to outlaw payment surcharges on debit and credit card transactions, arguing they unfairly burden shoppers.