Wages growth to drive inflation: Treasury
The Consumer Price Index (CPI) for the twelve months leading up to the March quarter has increased to 7 per cent.
The Consumer Price Index (CPI) for the twelve months leading up to the March quarter has increased to 7 per cent.
Australia’s experts are almost evenly split on whether the RBA will lift the cash rate again in July.
CreditorWatch’s Chief Economist, Anneke Thompson shares outlook for June.
Treasurer Jim Chalmers is making moves to modernize Australia’s payment system.
The decision will result in an additional $1,264 in mortgage repayments for the average Australian homeowner since April 2022
The RBA is considering taking action on debit card fees, promoting fair pricing and more choices for merchants.
Inflation in Australia shows signs of slowing down, but still poses a challenge for RBA’s interest rate policy.
Australian consumers and businesses to feel the pinch as RBA signals further interest rate increases.
Australian homeowners may be facing another financial setback as the Reserve Bank of Australia (RBA) is potentially considering increasing cash rates.
The hike in interest rates results in a higher borrowing cost and increases monthly mortgage payments, adding strain on household finances.