inflation rate

Advice from Rask Australia founder Owen Raszkiewicz on how to handle rising rates

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A leading investment analyst has revealed his top tips for managing money as interest rates rise and says Australians can still profit. A leading investment analyst has revealed his top tips for managing money as interest rates rise, urging Australians to cut back on impulse buying, seek out savings accounts and buy stocks despite market … Read more

RBA interest rate hike set to rise, WA dad saves $8400 a year on fixed rate

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He’s raising his 10-year-old daughter alone, but he’s found a way to save $8,400 a year in a time when “every penny counts.” Hundreds of thousands of Aussies are “sitting on the edge of a cliff” as up to $400 billion in fixed interest rate mortgages expire over the next few years. It comes at … Read more

RBA analysis predicts 15% drop in house prices with rate hikes

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Pressure is building for homeowners as rising interest rates could prevent them from paying down mortgages on a home worth less than they paid. The rise in interest rates that some analysts are predicting as early as Tuesday could trigger a 15% drop in house prices, according to an analysis by the Reserve Bank. Three … Read more

ANZ Bank expects RBA to hike cash rate to 0.25% next week

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The cash rate is expected to rise for the first time since the end of a pandemic, casting a doom for the government ahead of the federal election. One of the country’s most respected economists has warned of an immediate round of rate hikes that will rise “more aggressively than initially thought” – after dismal … Read more

Sydney and Melbourne ranked among top five most unaffordable cities to buy property

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A new study released by international property analysts has laid bare the painstaking facts facing first-time buyers in Australia. You’re probably sick of hearing how Sydney and Melbourne rank next to the world for housing affordability. In case you need a refresher, another international think tank has laid bare the painstaking facts facing first-time homebuyers … Read more

Federal Budget 2022: Why mortgages could soar and interest rates rise

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With cost of living one of the key issues for the 2022 federal budget, a government cash splash could spell out bad news for mortgage payers. There are fears a federal budget spending spree could have a flow-on effect and see interest rates rise, adding hundreds of dollars to monthly mortgage repayments. With Treasurer Josh … Read more