Almost a quarter of households say interest rate rises are having a ‘very negative’ impact, as the RBA considers a 13th rate rise this cycle
Prime minister Anthony Albanese has defended taking a trip to China while Australians are struggling with the cost of living.Prime minister Anthony Albanese has defended taking a trip to China while Australians are struggling with the cost of living.
The RBA has raised the cash rate 12 times since the latest contractionary cycle began in May 2022, with interest rates lifted from emergency levels during the Covid economic downturn to combat soaring inflation. About a third of respondents said the rises had no impact on them, while a small proportion said they were “very positive” or “somewhat positive” .
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Air fares likely to stay stubbornly high as travel-hungry Australians’ tastes changeHigher prices see the phenomenon of ‘revenge travel’ turn into a willingness to spend more on bigger trips, industry watchers say
Read more »
Australians honoured for solving shipwreck mystery that haunted the King of NorwayThe final postscript of one of Australia’s most tragic World War II tales has unfolded in Oslo, where the King of Norway sat with the descendants of those who died on a once-lost ship.
Read more »
Australians honoured for solving shipwreck mystery that haunted the King of NorwayThe final postscript of one of Australia’s most tragic World War II tales has unfolded in Oslo, where the King of Norway sat with the descendants of those who died on a once-lost ship.
Read more »
Australians honoured for solving shipwreck mystery that haunted the King of NorwayThe final postscript of one of Australia’s most tragic World War II tales has unfolded in Oslo, where the King of Norway sat with the descendants of those who died on a once-lost ship.
Read more »