Tag Archives: Rate hikes

Australia recession fears rise to 70% amid ongoing interest rate hike read full article at worldnews365.me

The prospect of Australia plunging into recession has risen as excessive as 70 per cent, in accordance with some economists, on the again of the Reserve Financial institution of Australia’s aggressive price hikes which at this stage haven’t any finish in sight. With 9 consecutive hikes since Could final yr, …

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How Aussies are reducing mortgage payments after interest rate rise to 3.35% read full article at worldnews365.me

Round 800,000 Australian households are going through a monetary horror-show this 12 months as their mounted fee mortgage intervals expire, leaving them uncovered to the a lot larger rates of interest which have resulted from constant, aggressive hikes by the Reserve Financial institution of Australia (RBA) over the previous 12 …

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‘Rising risk’ Australia’s economy is headed for recession with skyrocketing interest rates read full article at worldnews365.me

There are fears that the chance of Australia falling into recession has risen with early indicators pointing to potential monetary doom for the nation because the pressure of hovering inflation and value of dwelling pressures present no indicators of easing. Whereas retail gross sales dropped by 3.9 per cent in …

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House prices: 8.9 per cent in property prices as interest rate cuts squeeze read full article at worldnews365.me

Australian house price outcomes for January have been launched, with broadbased declines recorded throughout the nation. CoreLogic reported that nationwide dwelling values have fallen 8.9 per cent from their peak, with the mixed capital cities down 9.6 per cent and the mixed areas down 7.4 per cent. PropTrack reported a …

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