What the RBA's rate rise means for the economy, investments and mortgages
What the RBA's rate rise means for the economy, investments and mortgages SBS Finance Editor Ricardo Gonçalves takes a look at the impact of the RBA's 25 basis point increase to the official interest rate with Shane Oliver from AMP, Henry Jennings from Marcus Today and Sally Tindall from Canstar.
Why the RBA says inflation remains too high, and the key factors driving its latest rate hike. Shane Oliver explains the economic signals that could keep rates on hold, and the risks that could change the outlook. What the latest increase means for mortgage repayments, and the options available to borrowers under pressure. Why markets rose despite higher interest rates, and what investors are being told to prepare for next.
SBS On the Money is a daily finance podcast where SBS Finance Editor Ricardo Gonçalves unpacks the ASX, the economy and the latest market moves with leading analysts and executives. Sign up now for daily news from Australia and around the world. You can also subscribe to Insight's weekly newsletter for in-depth features and first-person stories.
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.
Chalmers to Reveal $6 Billion Budget Improvement as RBA Expected to Raise RatesTreasurer Jim Chalmers will unveil a $6 billion improvement in the underlying deficit on Monday, as the Reserve Bank is widely expected to raise the cash rate to a 15-year-high of 4.6 per cent on Tuesday.
Read more »
Chalmers Unveils $6 Billion Deficit Improvement as RBA Expected to Raise RatesTreasurer Jim Chalmers has confirmed a $6 billion improvement to the federal budget deficit, driven by higher super and investor income, as the Reserve Bank prepares to raise interest rates for the fourth time this year.
Read more »
RBA lifts cash rate to 4.6 per cent, highest level in 15 yearsThe Reserve Bank has raised the cash rate by 0.25 percentage points to 4.6 per cent, adding more than $90 a month to repayments on a typical $600,000 mortgage.
Read more »
RBA raises interest rates to 4.6 per cent, a 15-year high, as inflation rises to 4 per centThe Reserve Bank lifted official interest rates to 4.6 per cent, a 15-year high, as consumer price inflation rose from 3.5 per cent in July to 4 per cent in August, driven by housing and transport costs.
Read more »
