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Has inflation turned the corner? Interest rate pain begins to fade
The Reserve Bank board will meet next week with the news that inflation plunged to 4.9 per cent for the year to the end of October.
News
The Reserve Bank board will meet next week with the news that inflation plunged to 4.9 per cent for the year to the end of October.
News
It now takes more than 10 years on average to save enough for a median priced home in Australia, according to the ANZ CoreLogic report.
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The Australian dollar would head towards US70 cents over the next year making imports and international travel cheaper, says the Queensland Investment Corporation.
Another 20 lenders have today increased their variable rate home loans following the Reserve Bank decision earlier this month.
A wages breakout occurred in Queensland in the September quarter with a rise of 2.3 per cent, the largest ever recorded increase for the state.
The Reserve Bank board has hiked interest rates another 25 basis points to 4.35 per cent despite believing that inflation had already peaked.
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