Tag: rate

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
Rate cuts could come earlier than expected — but there’s a catch | Westpac stands firm on Augus…

Explore the latest developments concerning Rate cuts could.

Rate cuts could come earlier than expected — but there's a catch

SBS acknowledges the Traditional Custodians of Country and their connections and continuous care for the skies, lands and waterways throughout Australia.

Even if you weren’t a Telstra customer, you were likely affected by its network outage on Wednesday, as its share price fell in the aftermath.

However, sharemarkets were more impacted by the renewed hostilities in the Middle East which caused a spike in oil prices and will likely lead to higher petrol prices in a few weeks.

On a positive note, the Australian sharemarket welcomed its newest company in what was a successful listing.

And one of our biggest banks is now expecting interest rates to fall earlier than expected, albeit with a condition: they need to rise first.

Major bank drops new expectation for 2027 rate cuts

All of Australia’s largest home loan lenders anticipate Aussie households are now in line for interest rate relief from next year.

It comes as Westpac – typically the most hawkish of the big four banks – updated its expectations around the Reserve Bank’s interest rate path today, confirming it now expects rate relief next August rather than in 2028.

The change comes after the bank updated its inflation outlook on the back of ongoing conflict in the Middle East, noting some improvement in the energy market outlook.

It comes after a challenging few months for households juggling high fuel and food prices as the global oil crisis wreaks havoc on supply changes internationally.

Sejoy JS10-1 Electric Sonic Toothbrush with 10 pcs Replacement Heads Rechargeable Waterproof Electronic Tooth Brushes

Check it out! »

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

For more detailed information, explore updates concerning Rate cuts could.

For more news…

July 13, 2026
No rate cuts until 2027 as a fourth rise looms, say economists | Interest rate cut all but ruled …

Explore the latest developments concerning No rate cuts.

No rate cuts until 2027 as a fourth rise looms, say economists

Economists have all but ruled out an interest rate cut from the Reserve Bank of Australia before well into next year, while the chance of another rate increase remains a line-ball call as the central bank waits to see what happens with inflation.

A very slim majority of the 32 economists polled for The Australian Financial Review’s latest quarterly survey said the cash rate had peaked at 4.35 per cent. That’s after three back-to-back rate rises at the start of the year before the RBA held fire at its June board meeting.

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

Interest rate cut all but ruled out until 2027

Borrowers could have to wait until 2027 before a rate cut, according to dozens of Australia’s top economists.

However, the prospect of no further rate hikes looks more likely, with just over half of the 32 economists polled for The Australian Financial Review’s latest quarterly survey predicting that the cash rate had peaked at 4.35 per cent.

Reserve Bank of Australia Governor Michele Bullock has explicitly refused to rule out further rate hikes this year. Louise Kennerley

HSBC’s chief economist for Australia and New Zealand Paul Bloxham told the AFR he expected “an extended pause” on interest rates.

He estimated that it would take until at least mid-2027 for the Reserve Bank to be sufficiently convinced that inflation was heading back to target – particularly after an unexpected uptick in inflation late last year forced the RBA into a sharp about-face on rates.

Deep Wave Frontal Wig 13×6 Hd Lace Curly Human Hair Wig Water Wave 5×5 Hd Lace Closure Wigs 30 40 Inch Lace Front Wig Human Hair

Limited time offer! »

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

For more detailed information, explore updates concerning No rate cuts.

For more news…

July 6, 2026
Live: Unemployment rate rises to 4.5 per cent in April | RBA still stuck between a rock and a hik…

Explore the latest developments concerning Live: Unemployment rate.

Live: Unemployment rate rises to 4.5 per cent in April

Optus owner Singtel says it is looking to sell a minority stake in it.

Singtel said it was “open to working with potential Australian partners that align with its objectives of ensuring that Optus continues to be a strong alternative operator in the industry”.

The financial markets have now priced in a slightly lower chance of a Reserve Bank interest rate hike in June.

Follow the day's financial news and insights from our specialist business reporters on our live blog.

This note on the jobs market comes from Westpac economist Ryan Wells.

The April Labour Force Survey (LFS) was genuinely weaker than expected.

RBA still stuck between a rock and a hike place

The jobs market appears to be weakening, but the RBA’s inflation fight is still in its early stages, and there’s only one way this ends.

The latest jobs data delivered a little of what the Reserve Bank needs. But whether it’s enough to prevent at least one more interest rate hike remains to be seen.

As this column has been arguing for the last few months, the RBA’s inflation fighting efforts will be made harder by two key factors: the enormous boom in household wealth in the past two years (about $3 trillion all up), and the fact that spending driven by structural changes in the economy (such as investment in data centres, the energy transition and the critical minerals sector) will continue almost irrespective of where interest rates get to.

30 40 Inch 4/27 Highlight Body Wave 13×4 Human Hair Lace Frontal Wigs 250 Density Colored Ombre 13×6 HD Lace Front Wig For Women

Limited time offer! »

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

For more detailed information, explore updates concerning Live: Unemployment rate.

For more news…

May 21, 2026
Rate rise could be just the start, as Trump’s war turns desperate | Australians brace for inter…

Explore the latest developments concerning Rate rise could.

Rate rise could be just the start, as Trump’s war turns desperate

The Reserve Bank’s expected decision to raise rates on Tuesday is likely to be just the beginning of protracted pain for Australia as petrol prices compound its domestic inflation problem.

The Reserve Bank had plenty of inflation worries well before the US and Israel decided to trigger a global economic crisis. Now the Iran war weighs even more heavily on the central bank’s unpopular role as Australia’s financial disciplinarian.

Inflation has been climbing rather than falling, with headline annual inflation at 3.8 per cent and the spike in oil prices certain to drive that higher.

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

Australians brace for interest rates call

The Reserve Bank of Australia has met ahead of announcing whether it will hike up interest rates again

Add videos to your saved list and come back to them anytime.

40 46 Inch 13×4 13×6 HD Transparent Bone Straight Lace Front Wigs 220 Density Brazilian Human Hair Wigs For Women

Discover why it's trending. »

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

For more detailed information, explore updates concerning Rate rise could.

For more news…

March 16, 2026
Unemployment rate remains at 4.1pc in January, leading to talk of another rate rise | Unemploymen…

Explore the latest developments concerning Unemployment rate remains.

Unemployment rate remains at 4.1pc in January, leading to talk of another rate rise

The unemployment rate remained steady in January, with 17,800 people finding employment and unemployment declining by 1,900 people. (ABC News: Gavin Coote)

The unemployment rate remained steady in January at 4.1 per cent in seasonally adjusted terms.

Economists say it suggests the economy is still operating close to capacity.

The Bureau of Statistics will publish its next round of monthly inflation data next week, which will be important from the Reserve Bank's perspective.

Australia's unemployment rate remained at 4.1 per cent in January, the same as December, in seasonally adjusted terms.

Economists say the numbers suggest that the labour market remains relatively tight and the economy is still operating close to capacity.

Unemployment steady as Australia braces for next interest rate call

Property News: Australia's most expensive streets, and how much it costs to live in them.

Honey Blonde Human Hair Wig Body Wave 13X4 Lace Front Colored #27 Wigs 13X6 Lace Frontal For Women Preplucked Brazilian Wig

Discover why it's trending. »

Jobless rate steady; Data centre demand drives Goodman; Ellerston swoops on Winning Appliances

Want to get this in your inbox at lunchtime every weekday? Financial Review subscribers can sign up for The Brief newsletter here. Plus start your day with our Before the Bell newsletter and read a full wrap of the day’s news in Market Wrap.

In today’s news, the jobless rate is steady at 4.1 per cent in January, Goodman Group swings harder into demand for data centres, and Ellerston Capital swoops on whitegoods giant Winning Appliances.

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

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

For more detailed information, explore updates concerning Unemployment rate remains.

For more news…

February 19, 2026
Triple rate hike: Shock as Aus big bank delivers blow ahead of RBA | Bank’s painful move for ho…

Explore the latest developments concerning Triple rate hike:.

Triple rate hike: Shock as Aus big bank delivers blow ahead of RBA

Homebuyers or owners looking to lock in a fixed loan have been hit with a massive jump today.

One of Australia’s biggest banks has delivered a brutal blow to homebuyers with the equivalent of a triple rate hike, adding hundreds to the cost of a typical fixed mortgage repayment.

The Commonwealth Bank, Australia’s largest, jacked up its fixed rates by up to 0.70 percentage points – the same as if the Reserve Bank hiked three times in a row.

The bank’s savage repricing saw its three-year fixed rate rocket from 5.34 per cent to 6.04 per cent, leaving borrowers who locked in earlier dodging a financial bullet.

Bank’s painful move for homeowners

Australia’s major home loan lenders are lifting their fixed rate offerings, in a grim sign for cash-strapped mortgage holders.

The Commonwealth Bank has lifted interest rates on its fixed home loans by up to 0.70 per cent, to make its lowest rate 5.79 per cent for two-years.

CBA is not alone in lifting interest rates with data from rate tracking site Canstar showing 34 lenders have hiked at least one fixed rate offering in the past month.

The lift in fixed interest rates come ahead of a forecast of interest rate hike in February.

The Reserve Bank of Australia next meets on February 2-3, with the CBA warning the official cash rate could rise from 3.60 per cent to 3.85 per cent.

VEVOR 6 Pack Buffet Chafing Dishes 3.8L Gastronorm Pans Steam Table Pans Tray Stainless Steel Food Container for Party BBQ

Discover why it's trending. »

Unwelcome sign nasty interest rate shock is on the way

Property News: Suburbs where house values rose most in the past 12 months.

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

For more detailed information, explore updates concerning Triple rate hike:.

For more news…

January 16, 2026
Triple rate hike: Shock as Aus big bank delivers blow ahead of RBA | Bank’s painful move for ho…

Explore the latest developments concerning Triple rate hike:.

Triple rate hike: Shock as Aus big bank delivers blow ahead of RBA

Homebuyers or owners looking to lock in a fixed loan have been hit with a massive jump today.

One of Australia’s biggest banks has delivered a brutal blow to homebuyers with the equivalent of a triple rate hike, adding hundreds to the cost of a typical mortgage repayment.

The Commonwealth Bank, Australia’s largest, jacked up its fixed rates by up to 0.70 percentage points – the same as if the Reserve Bank hiked three times in a row.

The bank’s savage repricing saw its three-year fixed rate rocket 0.70 points from 5.34 per cent to 6.04 per cent, leaving borrowers who locked in earlier dodging a financial bullet.

Bank’s painful move for homeowners

Commonwealth Bank has lifted interest rates on its fixed home loans in response to the Reserve Bank’s expected decision to raise the cash rate.

Commonwealth (CBA) and NAB are expecting the Reserve Bank of Australia (RBA) to increase the cash rate at some point in early 2026 after last year ended with inflation back on the rise after a series of cuts.

CBA is expecting the cash rate to hit 3.85 per cent by the end of the year.

The bank has lifted its fixed rates for both owner occupier and investment mortgages.

Three-year fixed rates have jumped the most, with a lift of 0.7 per cent to 6.19 per cent for owner occupiers and 0.6 per cent to 6.24 per cent for investors.

Afro Rose Curly Funmi Wigs with Bang Short Bouncy Curly Bob Wig With Bangs Machine Made Rose Curl Human Hair Wig For Black Women

Click for more info. »

Robust jobs market risks adding fuel to inflation fire

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.

Borrowers are expected to face higher interest rates in 2026 as fresh data shows the jobs market remains resilient and likely to keep upward pressure on inflation.

Employers are still adding thousands of new jobs, while annual wage growth eased slightly from 3.2 per cent in November to 3.1 per cent in December, according to Commonwealth Bank's new monthly employment report.

For more detailed information, explore updates concerning Triple rate hike:.

For more news…

January 15, 2026