Category : Search result: RBA rate cuts


RBA holds rates at 12-year high amid cost crisis

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.

RBA Governor's sporting cliches amid rate pain

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.

Pound crashes to 5-week low after Labour budget

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.

RBA holds interest rates at 4.35% for fifth meeting

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.

RBA Holds Rates as Inflation Surprise Rattles Economy

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.

Barefoot Investor: RBA flying blind on rates

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.

Canada's recession budget imposes austerity measures

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

Australian Mortgage Crisis: 1 in 3 in Severe Financial Stress

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.

RBA holds rates steady, no cuts in sight

The Reserve Bank of Australia has dashed hopes for imminent rate cuts, maintaining current settings amid persistent inflation pressures and economic uncertainty.

Amazon axes hundreds more UK jobs in new cuts

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.

Russia's population crisis deepens with 2M loss

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 Hidden Jobs Crisis Worries Economists

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.

Government slashes museum funding in major shake-up

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.

Tories Unveil Radical Welfare Cuts Plan

The Conservative government announces sweeping welfare reforms that could significantly reduce benefits payments for millions, sparking immediate backlash from charities and opposition parties.

RBA Bets Against Rate Cut Despite Economic Signals

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.

RBA Holds Interest Rates Steady Amid Political Pressure

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

RBA Chief: Inflation Crisis Far From Over

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.

NHS Job Cuts Crisis: ICBs Axe Hundreds of Posts

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.

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