Why rising rates will hurt more than the ’90s; meet the banker advising Grok Ventures on the great AGL power play; and how a Wall Street titan issued a storm warning for BNPL.
Property buyers and sellers are adopting aggressive tactics to deal with slowing prices, rising rates and growing stress as more properties are expected to flood the market.Anthony Albanese came to the prime ministership without a reputation as a foreign policy wonk but looks assured on the world stage less than three weeks after being sworn in.
Prime Minister Anthony Albanese takes a selfie with students during a visit to Hasanuddin University in Makassar, Indonesia, on Tuesday.Hubert Estate in the Yarra and Mount Pleasant Wines in the Hunter have both been extensively revamped. Expect a lavish welcome.
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Why rising rates will hurt more than the ’90sSoaring house prices with mortgages to match mean interest rate rises will hurt households almost as much as when the cash rate hit 17 per cent in the early-1990s, and recent home buyers will be most affected.
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Why Jacinda Ardern wants changes to Australia's deportation policy and easier pathways to citizenshipThe New Zealand prime minister has reiterated calls for Australia to change a policy that has seen thousands of Kiwis with criminal records deported across the Tasman, even if they've spent little time in the country.
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The awful truth: Why Americans will continue to kill their childrenAnalysis: Between the day of the Uvalde shooting and the publication of this article, about 1000 Americans will have been shot dead. Ten presidents ago, Lyndon Johnson pushed through a significant piece of gun-control legislation. He knew it wasn’t enough
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‘We thought he’d scored’: Why Rennie had front-row seats for THAT Gregan tackleIt turns out the man who will lead the Wallabies in a mid-week Bledisloe later this year was also in attendance at the last one in 1994, which ended pretty famously.
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Why the price of lettuce is not Labor’s only issueOPINION: The price of the humble lettuce has become a sign of the times. But what happens to the economy and confidence when surging inflation requires interest rates to go up - and up?
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Why bank stocks have entered correction territoryOPINION: Rising rates should be good for bank stocks, but concerns that bad debts could rise as the economy slows has sparked a wave of selling.
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