RBA gives borrowers hope on rate cuts as households rein in spending

RBA gives borrowers hope on rate cuts as households rein in spending

The slowdown in spending by Australian households is gaining speed,according to the latest figures released by the Australian Bureau of Statistics.

  • byShane Wright

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Got a mortgage? You’re losing in the war on the cost of living

Got a mortgage? You’re losing in the war on the cost of living

The official inflation rate is 4.1 per cent. For people with a job and a home loan,the real inflation rate is much higher.

  • byShane Wright
‘Tide has turned’:Banks start to cut fixed rates

‘Tide has turned’:Banks start to cut fixed rates

Lenders have started cutting fixed interest rates on home loans,as markets bet the Reserve Bank will reduce official interest rates later this year.

  • byMillie Muroi
The low-down on the best time to get a home loan

The low-down on the best time to get a home loan

The outlook for home buyers this year is grimmer than usual,but mortgage brokers say knowing how the system works can give some home owner-hopefuls a leg up.

  • byJim Malo
Wealth reaches record levels but households can’t meet daily bills

Wealth reaches record levels but households can’t meet daily bills

The turnaround in the property market has boosted Australians’ wealth levels. But the cost of living means they are spending more than they earn.

  • byShane Wright
Regulators eye household debt risks as late payments edge up

Regulators eye household debt risks as late payments edge up

Australia’s high level of household borrowing could pose risks to the economy as late payments tick up according to the country’s financial regulators.

  • byMillie Muroi
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More Australians set to retire in debt:AMP

More Australians set to retire in debt:AMP

Fewer Australians will be able to look forward to a debt-free retirement,despite increasing property values and super balances.

  • byMillie Muroi
Why it soon might be even harder to get a loan

Why it soon might be even harder to get a loan

Australia’s biggest credit companies intend to tighten their approval criteria following an increase in the number of borrowers doing it tough.

  • byNicole Pedersen-McKinnon
I may be middle-class,but I’m starting to feel the pinch

I may be middle-class,but I’m starting to feel the pinch

As costs have risen,I can no longer afford the oysters and designer linens. It feels like I’m in the midst of genteel poverty.

  • byKate Halfpenny
The mortgage cliff that never happened
Opinion
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The mortgage cliff that never happened

Most Australian borrowers are managing financial stress,but rather than a disaster averted it’s evidence that the sky was never falling.

  • byElizabeth Knight
More economic pain is coming,with women set to bear the brunt of it

More economic pain is coming,with women set to bear the brunt of it

It’s hard to see why a government that tries not to walk past social problems without trying to fix them feels so bound to hold the line on Stage 3 tax cuts.

  • byEmily Millane