ANALYSIS: Why did the RBA go further than expected with their rate rise?
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RBA interest hike tomorrow to bring 'a lot of pain' to millions of AussiesThe Reserve Bank is expected to hike interest rates tomorrow, heaping more pressure on millions of Aussie households whose budgets are straining.
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Banks unlikely to sting mortgage holders with higher rates than RBABank profit margins are already benefiting from rising interest rates, while returns on most retail term deposits languish well below those offered to bigger investors.
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Australian homeowners facing 'difficult day' with RBA rate rise expected, treasurer warnsFederal Treasurer JEChalmers has warned it will be 'a difficult day' for mortgage holders and home buyers, with the Reserve Bank of Australia scheduled to make an announcement on the official cash rate. auspol rba costofliving cashrate
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Analysis: RBA lifts interest rates
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Challenge for Chalmers as RBA slams the brakesThe RBA surprised the market with its move to raise rates by half a percentage point, but will this still be too little, too late to suppress inflation?
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ASX LIVE: ASX poised to open lower with RBA meeting in focusASX futures point to 0.4pc opening drop; Wall Street declines; US nonfarm payrolls beat expectations; Brent crude breaches $US120; $A drops to US72.07¢. Follow the latest here.
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