A leading analyst has revealed the impact a feared interest rate rise would have on Australia’s property markets, declaring “some cracks are already showing”. The monthly measure of inflation for the year to May, released last week, hit four per cent, which was above expectations and marked the highest rateContinue Reading
In the long history of Australian dinner table conversation, there are few topics that manage to elicit as much discussion and debate as the 17 per cent interest rates which defined 1989 and 1990. This period marked the high-water mark of interest rates and also the beginning of a downtrendContinue Reading
Amid a slew of rising interest rates, high inflation and significant data breaches, the boss of one of the big four banks has written to four million customers. National Australia Bank CEO Ross McEwan sent the email to NAB customers on Tuesday, reminding people “keeping your money safe and supportingContinue Reading