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

53-foot tractor-trailer driver Baljeet Singh pleads guilty in deadly pileup, was playing phone game and fled to India

The crash killed 42-year-old mother Nancy Lefrançois and her 11-year-old son Loïc Chevalier, who were travelling in a passenger vehicle struck in the collision.

Indian Premier League could be played in Australia, Adelaide Oval explores plan

The proposal is part of a broader idea to strengthen cricket ties between Australia and India.

Perth toddler Sandipan Dhar’s death ‘probably preventable’ after missed blood test, coroner says

21-month-old Sandipan died in March 2024 after being taken to hospital with a persistent fever that had lasted for weeks.
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