Interest rate

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Reserve Bank of Australia lifted cash rate to a 10-year high of 3.35%

The full effect of the cumulative increase in interest rates is yet to be felt in mortgage payments.

RBA lifts interest rate for fourth consecutive month, here are details

The board claims that today's increase in interest rates is a further step in the normalisation of monetary conditions in Australia.

Reserve Bank raises interest rate 25 basis points, here’s what it means for your mortgage

In case banks decide to pass on in full, the interest rate rise will increase the repayments by $65 a month on a $500,000 mortgage, and double that on a million-dollar loan.

Early interest rate rise a certainty amid rapidly evolving inflation

Economists expect annual inflation could reach as high as five per cent compared with 3.5 per cent now.

Must-read

Melbourne family shattered by loss of 16-year-old son, calls for better pedestrian protection

Chris Rua Antony died in hospital on February 20, a week after he was struck by a car while walking home from school along Pound Road in Narre Warren South.

Gaza’s endless War: Proxies, misinformation, and the civilians caught in between

Many senior Hamas leaders have lived for years in luxury abroad, in places such as Qatar and elsewhere, far removed from the consequences of the war they help direct.

Albanese and ministers join Ramadan celebrations, encouraging wider community participation

Social Services Minister Tanya Plibersek described Ramadan nights in Lakemba as one of Sydney’s great traditions, pointing to the bustling streets and strong sense of community.
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