
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.
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.
Another 20 lenders have today increased their variable rate home loans following the Reserve Bank decision earlier this month.
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Michele Bullock will be the next Governor of the Reserve Bank and the first woman to hold the post that has so much power over the economy and the fate of mortgage holders.
The Albanese Government had little option but to dump RBA Governor Philip Lowe.
Australia’s mortgage holders have been given a reprieve after the Reserve Bank board decided against another hike in interest rates this month.
Philip Lowe’s time as the Governor of the Reserve Bank was likely over, according to QIC.