Household inflation has fallen to its lowest annual rate since March 2021, according to the latest figures from the Australian Bureau of Statistics (ABS) which reveal that inflation rose 2.8% in the 12 months to October. Throughout the September quarter ...
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... repayments. The Mozo data showed that one in six are specifically holding out to secure a more affordable home loan. With inflation falling to within the RBA target band for the September quarter, many economists expect the central bank to begin easing ...
... vocalise a cautious approach, warning punters in the post-meeting statement which followed its September meeting that inflation remained 'persistent' and that the 'outlook remains highly uncertain' going forward. Noting the Reserve Bank's stance, it's ...
With inflation falling and interest rates starting to do the same, is now an opportune time to consider investing in fixed income or has the window passed? This week on the Friends With Money podcast, Money's Tom Watson is joined by Marc Jocum ...
... accordingly. Make sure your super funds are topped up to the maximum. 3. Lower your cost of living Costs of living and inflation are both growing. Successive Australian governments have altered the asset and income tests for aged pensions in an attempt ...
... Bank's (RBA) most recent data, in 2022, cash was used for just 13% of consumer payments, down from 27% in 2019. As rising inflation has eroded the purchasing power of cash over the years, the idea of a cashless society has shifted from a dystopian ...
... start to come down. Even the Reserve Bank of Australia (RBA) trying to temper expectations of interest rate cuts until inflation is back within its target range of 2-3%, seems to be largely ignored by the markets. Aussie banks performing strong One of ...
... easier said than done. The government has aimed to build 1.2 million new homes over five years, but labour shortages and inflation have already delayed progress. Property prices remain eye-watering - great news for investors enjoying discounted capital ...
Woolies and Coles taken to court over allegations of dodgy discounts, inflation falls below 3%, and where to buy gold with your groceries. Here are five things you may have missed this week. Consumer watchdog takes supermarket giants to court for alleged ...
... November 4. In a statement released following today's meeting, the RBA Board noted that while a long way from its peak, inflation is still hovering above the central bank's target band. "Inflation has fallen substantially since the peak in 2022 ...
