Australia’s major supermarkets will be ordered to front up to a senate inquiry examining whether customers are being subjected to “price gouging” during the cost-of-living crisis. Many families have buckled under the pressure of consecutive interest rate rises this year, with mortgage payments pushed up, rents rising and weekly budgetsContinue Reading
Upon the release of the latest UK inflation data, Britain became the cautionary tale for the RBA and central banks around the world. It revealed that core inflation (inflation excluding food and energy) in Britain rose to a 31-year high of 6.8 per cent, 0.5 per cent higher than theContinue Reading
A staggering half of all Queenslanders believe they are worse off than 12 months ago as the surging cost of living takes its toll on household budgets. Exclusive polling done by The Courier-Mail and YouGov reveals 50 per cent of voters in the Sunshine state say they are worse offContinue Reading
A small Aussie bank with no physical branches has been named the country’s best workplace for 2023. Judo Bank, a small and medium-enterprise lending focused bank that also offers some of the best retail term deposit rates on the market, has come out number one in LinkedIn’s latest Top CompaniesContinue Reading
Real estate industry coach Tom Panos has slammed an entitled young job applicant, revealing the question the man asked that saw him call off the interview after just 12 minutes. But the prominent auctioneer’s TikTok video has been mocked by many online, who argued the young man’s questions were perfectlyContinue Reading
An Australian man is knuckling down as his mortgage repayments are set to double by June this year to an eye-watering $110,000. Steven De Celis owns a $2 million home in the plush Sydney harbourside suburb of Haberfield but is haemorrhaging cash as interest rates continue to rise. On Tuesday,Continue Reading
The Reserve Bank of Australia (RBA) has decided to pause interest rates at 3.6 per cent. On Tuesday at 2.30pm, the RBA revealed that interest rates would remain the same for the time being. Homeowners have been given a brief reprieve following 10 months of consecutive interest rate rises sinceContinue Reading
Retail trade was flat in February, rising just 0.2 per cent according to the latest figures from the Australian Bureau of Statistics (ABS), off the back of a 1.8 per cent rise in January. The Retail Trade report, released on Tuesday morning, shows an increase of 6.4 per cent whenContinue Reading
Westpac has made a surprise call on interest rates – lowering its forecast that the cash rate will be hiked as high as 4.1 per cent. Instead, the major bank has predicted interest rates will peak at 3.85 per cent and that the Reserve Bank of Australia (RBA) will evenContinue Reading
A triple threat is headed towards desperate Australians after the Reserve Bank of Australia hiked rates for the tenth time in a row. While some experts accused the RBA of taking a “sledgehammer” to the economy by pushing rates to a 11 year high of 3.6 per cent – andContinue Reading