Aussies are being urged to stop splashing cash on “Netflix, flat-whites, movies and eating out” to trigger a “DIY recession” that will save us from years of pain. The extraordinary call from Rand Low, an Associate Professor of Quantitative Finance at Bond University, comes amid resurgent inflation in Australia, warningsContinue Reading

The Reserve Bank has spared borrowers fresh pain, but households holding out for rate cuts have had their hopes dashed with relief still expected to be months away. In a statement after the decision was announced at 2.30pm on Tuesday, the RBA said “a further increase in interest rates cannotContinue Reading