Bank Rate Rises Signal End to Interest Rate Cut Cycle
Westpac hikes fixed mortgage rates, signalling the potential bottom of the interest-rate cycle. Expert David Koch warns of higher-for-longer inflation, dashing hopes for imminent cuts.
Westpac hikes fixed mortgage rates, signalling the potential bottom of the interest-rate cycle. Expert David Koch warns of higher-for-longer inflation, dashing hopes for imminent cuts.
The Bank of England's Monetary Policy Committee could implement interest rate cuts as early as June, with Goldman Sachs forecasting significant easing as UK inflation shows sustained improvement.
The Reserve Bank of Australia predicts inflation will rise faster than wages in 2025, threatening living standards and creating a cost-of-living crisis for British households.
The Reserve Bank of Australia maintains its tough stance against inflation, keeping interest rates at 4.35% while households face mounting financial pressure from rising expenses across housing, utilities and essentials.
Exclusive: Jim Chalmers reveals inflation battle far from over as Australians face ongoing cost-of-living pressures. The Treasurer warns of difficult months ahead despite RBA holding rates steady.
As the Reserve Bank governor deploys sporting metaphors, stretched Australian households face mounting financial pressure with no relief in sight for cost of living crisis.
Sterling tumbles to five-week low against US dollar as Chancellor Rachel Reeves's first budget announcement triggers market concerns over UK economic stability and potential tax increases.
The Reserve Bank of Australia maintains current interest rates at 4.35% for the fifth consecutive meeting as inflation battle continues. Governor Michele Bullock signals cautious approach despite economic pressures.
The Reserve Bank of Australia maintains current interest rates despite unexpected inflation data, signalling cautious optimism amid economic uncertainty. Analysis of what this means for mortgages and the broader economy.
Financial guru Scott Pape delivers scathing assessment of Reserve Bank's interest rate decisions, claiming Australians are paying the price for economic mismanagement in cost of living crisis.
The Canadian government has unveiled a stark austerity budget featuring sweeping spending cuts and tax increases as the nation confronts its first recession in over a decade. Key public services face significant reductions while households brace for finan
Exclusive analysis reveals nearly a third of Australian mortgage holders are experiencing 'severe financial stress' with interest rate hikes pushing thousands toward breaking point. Experts warn of potential defaults and economic fallout.
The Reserve Bank of Australia has dashed hopes for imminent rate cuts, maintaining current settings amid persistent inflation pressures and economic uncertainty.
Amazon continues its global workforce reduction with significant cuts to its UK operations, affecting hundreds of employees across multiple divisions including its streaming and Alexa teams.
Japan faces an unprecedented demographic emergency as new data reveals the sharpest population decline in history, with births plummeting to their lowest level since records began.
New statistics reveal Russia's population has dropped by over 2 million since 2021, with deaths significantly outnumbering births as Putin's war and economic pressures create a perfect demographic storm.
Australia's unexpected unemployment surge to 4.4% signals an economy cooling faster than anticipated, raising urgent calls for economic stimulus rather than interest rate hikes.
New analysis reveals Australia's rising unemployment figures mask a deeper economic concern as underemployment and multiple job-holding surge, creating what experts call a 'messy' and worrying trend.
New data reveals Australia's fertility rate has hit an unprecedented low of 1.55 births per woman, sparking concerns about future economic stability and population ageing.
Reserve Bank Governor Michele Bullock challenges critics, arguing Australia's housing affordability crisis stems from chronic undersupply rather than monetary policy decisions.
Major English museums face devastating budget cuts as Arts Council England redirects funding away from traditional institutions toward 'levelling up' agenda, sparking outrage in cultural sector.
The Conservative government announces sweeping welfare reforms that could significantly reduce benefits payments for millions, sparking immediate backlash from charities and opposition parties.
The Reserve Bank of Australia appears poised to pause interest rate cuts, signalling confidence in the economy despite contradictory data. Analysis suggests the RBA believes current conditions are stronger than indicators show.
The Reserve Bank maintains interest rates amid global economic uncertainty and domestic inflation concerns, while Australia faces diplomatic challenges with China and environmental crises.
As Trump administration slashes food stamp funding, British food banks report alarming surge in demand from vulnerable families facing hunger crisis.
The Reserve Bank of Australia has maintained its current interest rate stance, opting for caution amid economic uncertainty despite political tensions. Analysis reveals the central bank's delicate balancing act between inflation concerns and economic grow
First Direct launches market-leading 7.1% easy-access savings account, beating all competitors and offering savers unprecedented returns with no restrictions.
The Reserve Bank of Australia maintains cash rate at 4.35% for seventh consecutive meeting, dealing another blow to struggling mortgage holders despite easing inflation pressures.
Reserve Bank of Australia Governor Michele Bullock delivers a sobering message to Australians, warning that the cost-of-living crisis is far from over and high prices may persist, dashing hopes for near-term relief.
Exclusive: NHS England's new Integrated Care Boards are cutting hundreds of jobs despite promises of improved healthcare, triggering union outrage and patient safety concerns as financial pressures mount.