Tag: interest

ANZ, CBA now tipping interest rates hike in November | Inflation figures may worry Reserve Bank |…

Explore the latest developments concerning ANZ, CBA now.

ANZ, CBA now tipping interest rates hike in November

Two of Australia’s big four banks on Thursday reversed their forecast for interest rates, predicting they will rise by 0.25 per cent in November.

The Australia and New Zealand Banking Group (ANZ) and Commonwealth Bank of Australia (CBA) believe Wednesday’s inflation figures will pressure the Reserve Bank of Australia (RBA) to lift the cash rate to 4.6 per cent in five weeks.

The Australia and New Zealand Banking Group (ANZ) is now forecasting a rise for interest rates in November. Supplied

If that happens, it would be the highest cash rate setting the country has seen since October 2011.

The moves come after Wednesday’s figures put inflation for the 12 months to July at 3.5 per cent, and the all-important trimmed mean – the Reserve Bank of Australia’s favoured underlying measure – at 3.6 per cent.

Inflation figures may worry Reserve Bank

Mortgage borrowers looking for interest rate relief might be disappointed by today's inflation figures.

The Bureau of Statistics data show the annual headline inflation rate dropped to 3.5 percent, down from 3.8 percent.

But the Reserve Bank's preferred measure was steady and still well outside its target.

GFX of Reserve Bank of Australia exterior laid over generic ASX images, May 19, 2025.(ABC News: Kylie Silvester)

Download the ABC listen app to hear more of your favourite podcasts

Get the latest ABC listen newsletter delivered to your email inbox

Stay informed and connected with the ABC. Covering a wide range of topics and brands including News, iview, listen, and more.

Portable Laptop Desk with USB Light, Small Fan, Cup Holder, Tablet Slot, and Lifting Handle – Foldable Laptop Table for Working,

Limited time offer! »

Fears grow for fourth rate hike after Australia sees higher-than-expected July inflation

Bureau of Statistics says CPI was 3.5% in July, casting doubt on Reserve Bank meeting its 2.5% inflation target without further hike

Get our breaking news email, free app or daily news podcast

Fears are growing that the Reserve Bank will hit millions of mortgage holders with a fourth rate hike this year, after inflation eased in July but by far less than expected.

Consumer prices climbed by 3.5% through the year, down from 3.8% in the previous month, according to the Australian Bureau of Statistics.

That compared unfavourably to the forecast 3.3% annual rate predicted by economists leading into the result.

The Reserve Bank’s preferred underlying inflation measure, which removes the most volatile prices, had been expected to moderate but instead was stuck at 3.6%.

For more detailed information, explore updates concerning ANZ, CBA now.

For more news…

August 27, 2026
The end of the low interest rate era is here and it weighs on house prices | Mosman to Toorak: Th…

Explore the latest developments concerning The end of.

The end of the low interest rate era is here and it weighs on house prices

Since the low point of February 2023, the national median house price has increased another 35 per cent. (ABC News: Che Chorley)

We seem to have flipped from worrying about rising house prices to worrying about falling house prices.

Last Tuesday's front-page lead in The Australian, reporting the July house price data, was "$230 billion hit: value going, going, gone", describing it as a "once-in-a-generation housing slump".

It does sound like a lot, but it is just a 1.8 per cent decline from $12.77 trillion to $12.54 trillion, so just an old-fashioned page-one beat-up.

Next day, they followed up with "ALP turns blind eye to house market mugging", another beat-up, quoting NAB's new forecast that house prices in major east coast cities (Melbourne and Sydney) would fall 10 per cent.

Mosman to Toorak: The 50 biggest suburb house price falls revealed

Australia’s most exclusive postcodes, from Sydney’s Point Piper, Mosman, Vaucluse, Hunters Hill and Woollahra to Melbourne’s Toorak and Kew East, are bearing the brunt of the housing downturn, a correction that economists say will reduce pressure on the Reserve Bank to raise interest rates again.

North Curl Curl on Sydney’s northern beaches has led the nation’s price declines, with median dwelling values tumbling 19.4 per cent from their September 2025 peak of $4.1 million to $3.3 million in July.

Gift 5 articles to anyone you choose each month when you subscribe.

Professional Laser Hair Removal for Women 999900 Flash Cooling Rejuvenation Acne Remove Permanent Bikini Trimmer IPL Depilator

Click for more info. »

Can Australia make housing affordable while avoiding a major market crash? We may soon find out

Politicians’ fever dreams of ‘sustainable price increases’ – where values keep rising but by less than wages – could happen

Get our breaking news email, free app or daily news podcast

The Reserve Bank has hiked interest rates and the property market is in retreat. So far, so normal.

There is a sense that this year’s fall in home prices feels different from previous episodes. The data tells another story.

Over the past four decades there have been seven property market downturns of varying length and depth, according to analysis put together by Shane Oliver, AMP’s chief economist.

They are often triggered by interest rate hikes, which make home loans more expensive, but they also occur during crises and policy changes.

For more detailed information, explore updates concerning The end of.

For more news…

August 10, 2026
RBA interest rate relief this week could be brief as Australians told to ‘buckle up’ | Inflation …

Explore the latest developments concerning RBA interest rate.

RBA interest rate relief this week could be brief as Australians told to 'buckle up'

After better than expected inflation data, most economists are expecting the Reserve Bank to hold rates steady when it meets this coming week. But borrowers are being warned not to be lulled into a false sense of security.

While household spending remains surprisingly resilient, and domestic driven parts of the CPI basket continue to run much to hot, a small minority of experts think the RBA could defy expectations on Tuesday and hike rates.

A majority of experts polled by consumer site Finder found more than 90 per cent expect a hold. Only three of the 38 believe we are in for a hike this week.

Inflation numbers to bring relief for mortgage holders

Your digital subscription includes access to content from all our websites in your region.
Access unlimited news content and The Canberra Times app. Premium subscribers also enjoy interactive puzzles and access to the digital version of our print edition – Today's Paper.

Mortgage holders will likely be able to breathe a sigh of relief with the Reserve Bank largely tipped to keep interest rates on hold.

Governor Michele Bullock and the central bank's board will meet on Monday and Tuesday, with economists forecasting the cash rate to stay at 4.35 per cent.

The prediction follows a surprise fall in inflation, despite it still being well above the bank's target band of two to three per cent.

34 Inch Orange Ginger Lace Front Wigs Human Hair For Women Straight 13×4 13×6 Lace Frontal Wig 350 Colored Pre Plucked Peruvian

Click for more info. »

RBA should defy the markets and not miss opportunity to raise rates

An increase weeks before the start of the spring selling season would draw a much clearer line between monetary policy and the troubles in our housing markets.

I expect to see the Reserve Bank monetary policy board, with a 4-3 vote, increase the cash rate by 0.25 of a percentage point on Tuesday.

A rate rise would serve a number of purposes, amplified by the very low probability markets are putting on a move.

Gift 5 articles to anyone you choose each month when you subscribe.

For more detailed information, explore updates concerning RBA interest rate.

For more news…

August 9, 2026
Veteran’s interest in fourth club as Swans link revealed; rival’s $3.5m plot to lure free age…

Explore the latest developments concerning Veteran’s interest in.

Veteran’s interest in fourth club as Swans link revealed; rival’s $3.5m plot to lure free agent — Whispers

One Giant is in the Tigers’ sights, while another might be on the lookout for a new home. Plus the Western Bulldogs’ strong interest in a free agent has been laid bare.

Get the latest player movement news and updates in AFL Trade Whispers!

Watch every match of every round of the AFL Premiership Season LIVE and ad-break free during play on FOX FOOTY, available on Kayo Sports | New to Kayo? Join now and get your first month for just $1.

The Western Bulldogs have tabled a significant long-term deal for unrestricted free agent Jordon Butts, reports 7News Melbourne’s Tom Morris.

GETTABLE: Pies eye forward, another Dog on Bombers' radar, Blues table big offer to free agent

Cal Twomey and Riley Beveridge are joined by player agent Tom Seccull and unpack Cal’s Phantom Form Guide

Cal Twomey and Riley Beveridge go to the Telstra Tracker to look at what’s led Mitch Lewis to this point

Player agent Tom Seccull explains the latest on Port Adelaide forward Mitch Georgiades

Sportsbet's Nathan Brown and Kane Cornes preview the game between the Crows and the Magpies at Adelaide Oval

Chad Wingard, Josh Gabelich and Nat Edwards discuss Ed Allan’s emergence as one of the best taggers in the competition and which Crow he should be aiming to shut down on Thursday night. Then Josh tells the story of how Liam Puncher’s journey to the AFL.

Wear Go Glueless Wig Body Wave Human Hair Wigs 30 32 Inch 6×4 5×5 HD Lace Closure Wig Pre Plucked Pre Cut Human Hair Wigs

Click for more info. »

The curiosity surrounding Stringer’s future

Will Jake Stringer remain with GWS? Will he play for a fourth club? Or is it curtains at season's end?

The 32-year-old forward is out of contract at the end of the season and is yet to sign an extension with the Giants.

Formerly of the Western Bulldogs and Essendon, Stringer has played some good footy for the Giants in recent weeks, but a new deal has not been forthcoming.

Stringer bagged seven goals in a stirring win over flag fancies Fremantle in Round 17 before kicking 0.7 from eight shots in the narrow loss to Essendon last Sunday.

Despite the fact he leads the Giants for goals in 2026 with 36, his playing future remains a curiosity.

For more detailed information, explore updates concerning Veteran’s interest in.

For more news…

July 23, 2026
Economists rush to change interest rate forecasts as jobless rate jumps | Economy crunched as une…

Explore the latest developments concerning Economists rush to.

Economists rush to change interest rate forecasts as jobless rate jumps

A drop in female employment has driven the overall fall. (AAP: Dean Lewins)

The increase in the jobless rate was driven by a drop in female employment.

Financial markets have now priced in a slightly lower chance of a Reserve Bank interest rate hike next month.

The unemployment rate rose by 0.2 percentage points to 4.5 per cent in April, up from 4.3 per cent in March, according to the Bureau of Statistics.

The number of employed people fell by 18,600 in April, while the number of unemployed people rose by 33,000.

The number of unemployed people looking for full-time work increased by 11,000, and unemployed people looking for part-time work increased by 22,000.

Economy crunched as unemployment hits highest level since pandemic

High interest rates, cost-of-living pressures and the war against Iran may have pushed the Australian economy into a downturn after new figures showed unemployment jumping to its highest level since the depths of the pandemic.

Expectations of further interest rate rises by the Reserve Bank this year dropped sharply after the Australian Bureau of Statistics reported the jobless rate hit 4.5 per cent in April, following a fall of 18,600 in the number of people with a job.

The epicentre of the job losses was the nation’s biggest economy, NSW, with the state shedding 44,000 positions last month, while those groups most likely to be axed first by businesses at the start of downturn, young people and women, also suffered job losses.

Sumry 4000W Off Grid Hybrid Inverter 24V 140A 5600W MPPT Solar Charger Pure Sine Wave Inverter for Home 6.25 Inch LCD Display

Discover why it's trending. »

Youth job losses push unemployment rate to 4.5pc

Job losses among younger Australians have pushed up the unemployment rate to an almost five-year high of 4.5 per cent, giving the Reserve Bank of Australia room to leave interest rates unchanged at its next meeting.

The total number of people employed fell for the first time this year, driven by 56,400 fewer people aged 15 to 24 years old working in April. Youth unemployment is now at 11.1 per cent, the highest since October 2021.

Gift 5 articles to anyone you choose each month when you subscribe.

For more detailed information, explore updates concerning Economists rush to.

For more news…

May 22, 2026
Interest rates and recession: What to know before tomorrow’s RBA decision | The Hormuz hike: why …

Explore the latest developments concerning Interest rates and.

Interest rates and recession: What to know before tomorrow's RBA decision

Hi, I'm business journalist Emily Stewart. I'm here to help you understand how key moments in the economy can affect you.

This week, people with mortgages around Australia will be waiting to see whether or not the Reserve Bank of Australia (RBA) raises interest rates. 🏠 I'll walk you through the factors that can contribute to the decision to change the interest rate and answer your questions. 🤔

If you have a question for me, please reach out. Thanks to everyone who sent questions earlier in the week. I have some answers below.

What: The Reserve Bank of Australia (RBA) board is meeting this week to discuss whether or not to change the cash rate. It is currently sitting at 4.1 per cent.

The Hormuz hike: why the RBA is predicted to deliver a third straight interest rate rise this week

While interest rate rises can’t affect the surging price of oil caused by Middle East turmoil, they are still the Reserve Bank’s best – and only – tool to fight inflation

Get our breaking news email, free app or daily news podcast

There’s a nearly 80% chance that the Reserve Bank will deliver a third straight interest rate rise on Tuesday, according to financial markets.

Higher interest rates are always unwelcome for the roughly 3.6m households paying down a mortgage. But a rate rise this week would be particularly galling.

Slammed with higher petrol prices and the broader cost-of-living grind, more than one homeowner will be wondering how paying more interest on their loans will do anything to fix the root cause of the latest inflationary pulse: the Middle East conflict.

34 Inches Hd Lace Wig Body Wave 13X6 Red Lace Front Human Hair Wigs 13X4 Burgundy 99J Lace Front Wigs Pre Plucked Black Women

See the deal! »

The dynamic landscape of current events often brings forth significant discussions. Monitoring these developments provides crucial insights.

For more detailed information, explore updates concerning Interest rates and.

For more news…

May 4, 2026
Mortgage and refinance interest rates today, April 14, 2026: A sideways trend | Current refi mort…

Explore the latest developments concerning Mortgage and refinance.

Mortgage and refinance interest rates today, April 14, 2026: A sideways trend

Some offers on this page are from advertisers who pay us, which may affect which products we write about, but not our recommendations. See our Advertiser Disclosure.

Mortgage rates have moved fractionally higher. According to Zillow, the average 30-year fixed rate is now 6.16%, up one basis point. The 15-year loan is also up one basis point to 5.65%. The trend for the bond market has been mostly sideways over the past week, so rates aren’t likely to move much without some new stimulus.

4 lenders dip below 6% APR: Weekly survey of mortgage lenders with the best rates.

Here are the current mortgage rates, according to our latest Zillow data:

Current refi mortgage rates report for April 14, 2026

The current average refinance rate on a 30-year, fixed-rate home loan is 6.39%, according to data from the popular real estate marketplace Zillow. If you’re a homeowner hoping to refinance your mortgage for a lower rate or perhaps to tap home equity, read on to see average refi interest rates for a variety of loan types and terms. You can also see the prior day’s report here.

Note that Fortune reviewed the most recent Zillow data available as of April 13.

Mortgage refinancing involves replacing your existing home loan with a new one. Similar to your initial mortgage application, you’ll need to apply and meet lender criteria, including your credit profile, income verification, debt-to-income (DTI) ratio, and more.

Curly Bundles With Closure 4×4 13×4 Wet and Wavy Virgin Curly Loose Deep Wave 100% Human Hair Bundles With Frontal Remy Hair

Limited time offer! »

Mortgage Rates Today, April 14, 2026: 30-Year Refinance Rate Drops by 14 Basis Points

Guess what? Today, April 14th, 2026, is a good day if you're thinking about refinancing your mortgage. The average rate for a 30-year fixed refinance has dipped by a noticeable 14 basis points compared to last week and even dropped significantly just today. This means if you've been putting off looking into refinancing, now might be the perfect time to take a closer look.

It feels like just yesterday we were all watching mortgage rates climb, and now we're seeing some movement in the opposite direction. According to Zillow's latest data, the 30-year fixed refinance rate has settled at 6.55%. This is a welcome change from where we've been, and it's sparked a bit of hope for homeowners who have been hoping for lower monthly payments.

For more detailed information, explore updates concerning Mortgage and refinance.

For more news…

April 15, 2026