Keyword "mortgage holders" - List of latest news (163 results)

22/04 ‘Sold a lie’: Young mum reveals why she regrets buying a home

When Bonnie Hanson purchased a home in 2021, she felt an overwhelming sense of pride, but within a few short months, she was filled with regret and stress.

12/04 China act to tank Australia’s economy

Australia’s economy could take a hit worse than the global financial crisis or Covid if the geopolitical tensions between China and the US continue.

04/04 Silver lining in Trump tariff plan

Mortgage holders and young superannuation members could get a leg-up due to US President Donald Trump’s new tariff policies.

04/04 Alarming interest rate prediction emerges

ANALYSIS

03/04 RBA warns Trump a risk to Aussies

US President Donald Trump’s trade war could trigger cascading disorder in the global economy and pummel Australians, the Reserve Bank of Australia warns.

29/03 Major week set to shake up election campaign

Anthony Albanese and Peter Dutton will face key economic tests in the first days of the May 3 election campaign, as voters watch to see how they tackle cost of living issues.

14/03 Question Dutton and Albo won’t answer

ANALYSIS

21/02 RBA boss makes huge cash call

Reserve Bank governor Michele Bullock has committed to ensuring Australians will be able to access and use cash despite “considerable challenges” faced in its distribution system.

20/02 RBA governor Michele Bullock to face grilling after rate cut

Reserve Bank governor Michele Bullock will face a three-hour grilling by politicians following the central bank’s first rate cut since November 2020.

19/02 Why one rate cut won’t save Aussie households

Some homeowners might be rejoicing over the Reserve Bank’s decision to cut the cash rate by 25 basis points on Tuesday, but for many, one rate cut won’t cut it.

19/02 When is the next RBA meeting on interest rates?

Australians have welcomed the Reserve Bank’s decision to cut interest rates for the first time in years, but will have to wait slightly longer to find out whether another is on the way.

18/02 ‘The banks always win’: Aussies struggle to muster up excitement over rate cut

After four gruelling years, Aussies have finally received a much-needed rate cut, but you only have to walk the streets of Sydney to realise that people aren’t feeling optimistic, or even relieved.

17/02 ‘Unjustified’: Fears RBA will deliver 11th hour blow to homeowners and keep rates on hold

The broad expectation among experts and commentators is that struggling homeowners will be delivered a long-awaited reprieve this afternoon via an interest rate cut.

17/02 ‘Going broke’: Expert’s brutal RBA call

COMMENT

16/02 RBA cut: Insane way to save $250k

With multiple interest rate cuts on the horizon, savvy homeowners who move quickly can wipe six years off the length of their home loans.

13/02 Could Trump’s tariffs see the RBA hold rates

Mortgage holders’ long-awaited rate cut could be put on hold as Australia’s central bank deals with the uncertainty of Donald Trump’s latest tariff plans.

07/02 ‘Odds-on favourite’: Huge interest rates call

ANALYSISSince the Reserve Bank of Australia first started raising interest rates in May 2022, it has been an absolute rollercoaster ride of wildly unexpected twists and turns.

28/01 ‘Killing the economy’: Expert’s bleak warning

OPINION

28/01 Young mum reveals why she feels ‘shame’ over not being able to buy a home in 2025

A young Aussie mum has tearfully revealed why she feels “shame” that she and her husband can’t afford to buy a home.

25/01 ‘Messed up’: 33yo reveals why she has no desire to own a home

A 33-year-old woman has revealed she has no desire to own a home, revealing a grim 2025 reality for young people.

23/01 Huge number of Aussies needing a rate cut

A whopping 71 per cent of Australian households have reported needing a rate cut just to stay on top of their mortgages, begging for the Reserve Bank to offer relief at their next meeting.

23/01 ‘It killed me’: Family’s house sale reveals downsizing trend

The housing crisis in Australia has reached a fever pitch and, now, a downsizing trend has erupted that used to only be reserved for retirees.

17/01 ‘Struggling’: Mum’s viral admission reveals just how tough Aussies are doing it

As the cost of living crisis rages and young families are struggling, one mum’s raw money admission has exposed just how hard it has become.

08/01 ‘Lowest point’: Renter’s desperate attempt the moment he knew he couldn’t afford his mortgage

Callum James was earning $80,000 annually when he was forced to take drastic action just to pay his mortgage.

06/01 The income sweet spot to get a mortgage: $200,000 to $500,000

Household income of $100,000? That will probably make mortgage brokers sigh. The sweet spot, if you want a loan these days, is to be between $200,000 and $500,000.

09/12 Interest rates panic sparks mass gamble

An increasingly pessimistic outlook about the direction of interest rates has spurred a mass drive from homeowners to either sell up or get out of crushing loan deals with their existing lenders.

16/10 ‘Sell your house’: Young Aussie family trolled over mortgage stress

Rachel and her partner earn a combined income of $80,000 a year and are struggling with their $650 weekly mortgage repayment.

06/10 Ray White economics: Aussie suburbs with the most to gain from a rate hike revealed

Aussie homeowners across more than 1800 towns and suburbs could be set for a house price bump as high as $71,000 within a month of an interest-rate cut.

24/09 Greens demand Treasurer Jim Chalmers deploy “crazy” interest rate strategy

The Greens have urged Treasurer Jim Chalmers to adopt a “crazy” new strategy if he really thinks the RBA is smashing the economy – overrule the central bank and slash rates.

07/05 Australia ‘on the cusp of genuine recession’ after figures show alarming drop

Australian mortgage holders have let out a nationwide sigh upon the Reserve Bank’s announcement that interest rates will be staying put for the time being, at a 12-year high of 4.35 per cent.

06/05 Interest rates to rise again in 2024 warn economists

Homeowners are nervously waiting to see if their mortgage repayments will jump again as economists warn that interest rates could be hiked.

23/04 Fears interest rates could be hiked in 2024

There are fears that interest rates could be hiked again as employment holds strong and inflation remains difficult to contain, despite desperate homeowners – including over a million experiencing mortgage stress – waiting for the cost of living relief.

17/04 A stark new report on housing affordability shows just how dire things are in Australia – for everyone

The typical Australian who might’ve once bought a home a few generations ago is now much more likely to rent thanks to plunging housing affordability, which is now at its worst level in more than 20 years.And they’re flooding rental markets that are beyond capacity, competing with low-income and vulnerable people who are unable to keep pace.

08/04 Economics firm makes huge call on Aussie home prices, tipping sharp increases over the next three years

Stark forecasts for home prices across the country are tipping mammoth growth in the next three years, according to a leading economics firm.

31/03 Eye-watering salary you need to buy a house

Australians wanting to buy a house are facing a brutal uphill battle, with the annual salary needed to be able to comfortably service a mortgage reaching sky high levels.

22/03 Grim mortgage truth for rising number

Mortgage holders are feeling the pressure of aggressive interest rate hikes, and a small number are spending more than they earn paying back their loans.

19/03 Ten key words RBA didn’t say

A pivot from the Reserve Bank to scrap an explicit warning about further interest rate rises has the peak union body calling for the cash rate to be cut now.

18/03 When to refinance your home, according to an expert

Refinancing your mortgage might not be “sexy”, says David Thurmond, owner of Mortgage Choice in Berwick, Victoria, but it is on the rise – and, according to him, the single biggest impact you can have on your monthly household expenditure.

29/02 Big reason rate cuts could be delayed

ANALYSIS

13/02 Finance guru’s radical solution to housing crisis

OPINION

22/01 Aussie homeowners’ concerning new trend

More than one in three Australian households are struggling to pay their home loans in the new year and a concerning trend is emerging among refinancers as a result.

19/01 IMF’s brutal prognosis for interest rates

Interest rates should be hiked even higher and Australian governments should slash spending to avoid stoking inflation, the International Monetary Fund has recommended.

16/01 ‘Terrible’: Top economists take aim at mega tax cuts that will mostly benefit the rich

Chances are you’re about to get a fairly decent tax cut from the middle of the year, putting cash back in your pocket – that is, unless a concerted campaign by economists to claw it back succeeds.

04/01 Dozens turn up for inspection as rental crisis continue

Hordes of hopeful renters have been filmed queuing up to view a property in Melbourne, as the country’s rental crisis continues.

01/01 Simple ways Aussies can save thousands

Cost-of-living pressures have pushed millions of Aussie households to the brink, but experts have revealed several simple ways to save thousands of dollars – almost instantly.

01/01 The RBA is expected to deliver interest rate cuts in 2024 in good news for millions for Aussies

Economists and financial markets are betting on 2024 to bring long-awaited relief to millions of Aussies in the form of falling interest rates.

25/12 Leaked Landlord chat reveals Christmas peril

A leaked conversation from a Facebook group for Australian landlords has revealed some toil over the idea of giving their tenants Christmas relief or gifts, while others think they’ve provided enough.

18/12 Treasurer Jim Chalmers slammed for his ‘things will be better next year’ remarks as cost-of-living pressures worsen

Treasurer Jim Chalmers is facing criticism for remarks made in an interview about the cost-of-living crisis and painful pressures facing millions of Australians.

14/12 Big bank’s grim house price prediction

Three property experts have made their predictions for what Australians can expect from the property market in 2024.

12/12 ‘Eviction season’: Renters fume at agent email

Renters are fuming at a “rude and patronising” email sent out by an estate agent this week, which warned tenants the holiday period was colloquially known as “eviction season” to property managers.

11/12 ‘Bleak’ new report shows country’s top CFOs worried about economic outlook

The powerful people who control the purse strings of Australia’s biggest companies are worried about what lies ahead next year, coinciding with a warning the economy has “hit a wall”.

06/12 Grim warning for Aussie house prices

A housing expert has warned property markets could be “fragmented” next year amid a country-wide rebound of house prices, as a new report tips prices to rise up to 4 per cent alone.

05/12 City where rent is tipped to jump 9.5 per cent

Rental prices are tipped to continue to increase across Australia throughout next year, according to a panel of economic experts.

05/12 Sign Australia is no longer the lucky country

Aussies feeling the heat of the cost of living crisis are sharing tips on how to live on the bare minimum, with several admitting they are preparing to become homeless.

05/12 Research shows even Aussies on six-figure salaries are experiencing high levels of financial stress

The cost-of-living chaos gripping many Australian households is worsening, with even those on six-figure salaries feeling high levels of financial stress, new research shows.

04/12 Aussies face ‘extreme’ cost-of-living pressure

Australian households are under “extreme” cost-of-living pressure with two in five people struggling to pay to have a roof over their head, according to a new report.

27/11 Liberal MP’s major housing affordability idea savaged by experts

A proposal to let mortgage holders raid their superannuation to help shoulder the burden of steep interest rate rises has been savaged by experts.

25/11 Finance guru’s chilling warning to Australia

NAB has increased its fixed term rates just hours after its chief economist issued a chilling warning of another interest rate hike in 2024.

22/11 Startling proof Australia is totally stuffed

Just about everywhere you look, there are worsening signs that Australia is no longer the lucky country.

14/11 Mortgage broker forced to become part-time Uber driver due to cost-of-living and housing crisis

A recorded conversation with a mortgage broker forced to drive an Uber part-time because his business is “dead quiet” points to darkening economic storm clouds.

08/11 Why boomers and big business are to blame for Australia’s economic woes

Ordinary households and some of Australia’s most vulnerable people are paying a devastating cost for the Reserve Bank’s rate hike-driven war against inflation, despite contributing very little to it.

08/11 NAB lifts interest rates

NAB has become the first of the big four banks to pass yesterday’s 0.25 per cent interest rate rise on in full, announcing this afternoon it will increase its basic variable home loan rate from 17 November 2023.

08/11 ‘It’s a train wreck’: Millions of Aussies doomed by the latest rate hike, now spending more than they earn

The latest rate hike by the Reserve Bank means more than two million Australian households are spending more than they make each month, shocking new analysis reveals.

07/11 ‘Burnout economy’: Horror RBA stats

ANALYSIS

07/11 Aussies face savage $60k-a-year mortgage

The savage round of interest rate rises inflicted on homeowners by the Reserve Bank is now stinging the average mortgage holder in Sydney up to $60,000 a year in annual payments.

06/11 Economists bet on interest rate rise

Before the race that stops a nation at 3pm today, Aussie homeowners will be awaiting the latest interest rate decision from the Reserve Bank of Australia (RBA).

20/10 The year Millennials and Gen Z will finally get rich

In recent years there have been all manner of headlines on the coming wealth transfer from Australians passing away and bequeathing their assets to their children and other beneficiaries. Headlines such as ‘Get ready for the largest wealth transfer in history’ and ‘Australia braces for unprecedented generational wealth transfer’ have been common.

17/10 Stubborn inflation could spell rate hike

The potential of an interest rate rise in November could give some punters pause for thought as they plan their Melbourne Cup Day bets.

07/10 ‘Vulnerable’: The Aussies now most at risk of financial despair revealed

The Reserve Bank has issued a stark warning about the number of Australians at risk of financial despair in the months ahead, with a spike in homeowners falling behind on mortgage repayments.

04/10 ‘We’d all be f***ed’: One thing saving us from economic devastation

Hundreds of thousands of Australians are flooding financial crisis hotlines in desperate need of help, on the brink of losing their homes as they struggle with sky high mortgage repayments.

03/10 Australian homeowners endure mortgage cyclone amid rate hikes

Australians are bearing the brunt of a “mortgage cyclone” — with more than one in three homeowners now fitting the standard criteria for mortgage stress.

02/10 600k Aussies headed off financial ‘cliff’

The new governor of Australia’s central bank is poised to make a decision on the nation’s interest rates just days into the new job.

02/10 Secret RBA documents reveal a dramatic escalation of the cost-of-living crisis

Secret briefings inside the Reserve Bank reveal a startling surge in the number of middle-class Australians on six-figure salaries seeking a financial crisis support.

13/09 Big bank‘s surprise move for homeowners

One bank is evening out the playing field for owner-occupiers on mortgage rates while Westpac decreases fixed rates for certain loans.

08/09 Chart reveals scale of Australian mortgage crisis

Since the RBA first started raising interest rates in May of last year, many Australians have been waiting for the other shoe to drop.

04/09 Good news for Aussie homeowners at last

An overwhelming 97 per cent of economists believe the Reserve Bank of Australia (RBA) will keep interest rates on hold at its monthly meeting later today.

03/09 Rates relief for struggling homeowners

Australia’s bond markets are betting on a zero per cent chance of interest rates rising this week in great news for homeowners around the country, although they think future hikes are still very possible.

30/08 RBA boss’ grim prediction for economy

Incoming Reserve Bank boss Michele Bullock has warned the RBA will consider climate change when setting future interest rates.

28/08 Surprise suburb hit worst by mortgage crisis

Borrowers in affluent South Melbourne are among the most mortgage stressed in Australia, new data has revealed.

25/08 ‘Pressure’: Sign Aussie dollar is doomed

When the RBA hands down its decision on interest rates on the first Tuesday of every month (excluding January), it is sometimes perceived as an all-powerful organisation handing down its judgement from on high to the rest of us.

15/08 ‘Slaughter’: Four months until crisis explodes

I’m sorry to be the bearer of bad news, but the truth matters.

12/08 When interest rates will finally be cut

Since before the RBA began raising interest rates in May last year, analysts and commentators have been attempting to predict the peak of the cash rate and when interest rates would start coming down.

30/07 Big winners in interest rates disaster

Since the RBA began raising interest rates back in May last year, the issue of interest rates has rarely been out of the headlines.

27/07 Why Philip Lowe could go easy on mortgage holders in his final weeks

Reserve Bank Governor Philip Lowe is now expected to spare Australian home borrowers rate rises in August and September just as his seven-year terms ends.

17/07 Grim photos inside $200 Aussie ‘yacht’ rental

As Australia’s housing situation continues to spiral out of control, ads for unusual rental properties are becoming increasingly more common.

09/07 Grim alternative to rate hike crisis

Australians frustrated with aggressive interest rate hikes are being warned the alternative is for the government to slash its spending, or demand more in tax.

08/07 Insane price of supermarket staple

An Australian woman has gone viral after revealing the insane price of an everyday staple being sold at our biggest supermarkets.

04/07 Banks respond to surprise RBA decision

National Australia Bank (NAB) has been the first of the big four banks to respond following the RBA board’s surprise rates decision on Tuesday.

26/06 Global bank’s grim interest rate warning

In news set to further break the hearts of mortgage holders across the country, the world’s central bank is urging more interest rate hikes, arguing the world economy is at a crucial point as countries struggle to rein in inflation.

23/06 Australia’s $70 billion crisis revealed

Australians now owe more than $70bn combined as the cost of living crisis propels an explosion in personal debts, comprehensive new polling shows.

21/06 Aussie homeowners world’s most abused

The Reserve Bank of Australia (RBA) has lifted the official cash rate by 4.0 per cent in only 13 calendar months, which is the steepest and largest monetary tightening in the nation’s history.

20/06 ‘Significant risks’ in rate hike choice

Reserve Bank of Australia executives have warned there are significant risks to remaining on the tightrope the central bank is walking in its mission to curb inflation without tipping the nation into a recession.

12/06 Expert says beach houses ‘killing Australia’

A Melbourne professor has blamed “privileged” families with holiday homes for the housing crisis, arguing that while “your beach house is lovely … it’s killing Australia”.

09/06 Major bank’s miserable recession prediction

One of the four major banks has offered a gloomy update to their economic forecast, predicting a 50 per cent chance of recession but noting there is “light at the end of the tunnel”.

09/06 ‘Hurting’: Major RBA failing exposed

If I was Reserve Bank Governor Philip Lowe, I would not be hiking interest rates any further.

08/06 Aussies standing on $24k mortgage precipice

Hundreds of thousands of Aussies are bracing to fall off a ‘mortgage cliff’ which could cost them as much as an extra $24,000 a year.

08/06 Lender’s fresh blow to mortgage holders

Another major lender has announced it will increase its mortgage rates following the Reserve Bank’s decision to raise the official cash rate for the 11th time in a year.

07/06 Lowe grilled for ‘embarrassing’ summit song

An uplifting song choice at a Sydney financial summit left Reserve Bank boss Philip Lowe a little red faced, with its lyrics quite contrary to how Australians are feeling about a 12th rate rise.

07/06 ‘Zero sympathy’: Aussie property investor ridiculed

A construction project manager has sparked backlash online after complaining about struggling to keep up with the mortgage repayments for his investment property.

07/06 Aussie mortgage payments to hit record high

Mortgage holders will soon be handing over more of their disposable income than ever, with the Reserve Bank warning there are still more rate hikes to come.

06/06 Real reason the RBA is ‘brutalising’ Aussies

It feels like Groundhog Day for Australian mortgage holders, with the Reserve Bank of Australia (RBA) on Tuesday twisting the knife further with another 25 basis point increase in the official cash rate (OCR) to 4.10 per cent.

06/06 House prices to ‘reverse’ in six months, as RBA mulls over another rate rise

New modelling shows another interest rate rise today will push the repayment burden of Australians to its heaviest in history — as house prices are tipped to slide into ‘reverse’ in the next six months.

06/06 ‘Flood waters triggered’: Dire rates call

Mortgage holders are widely expected to be in for another round of financial pain with experts tipping interest rates to rise yet again.

04/06 Next big price hikes set to hit Aussies

It’s not just the colder weather Australians should prepare for. As the nation heads into winter, many people are about to pay more for electricity, health insurance and their student loan repayments.

04/06 10 ways Millennials can retire before 70

Retiring ahead of the pension age may seem like wishful thinking, but a long-term investor has delivered a glimmer of hope for those prepared to get finance-savvy.

22/05 Aussies turn away from buying homes

Home ownership is slipping down Australians’ list of financial priorities as people opt for paying for their dream lifestyle over their dream home.

20/05 How to break out of mortgage prison

Mortgage holders have been feeling the financial squeeze amid a campaign of interest rate rises from the Reserve Bank of Australia (RBA), which has put the official cash rate up in 11 of their last 12 meetings.

19/05 What’s next for PM after his first year?

As Anthony Albanese marks one year in office on Sunday, he’s likely to have already set his mind on how to win over Australians for a second time when the next election is held sometime before the end of 2025.

18/05 Billionaire warns of brutal Aussie ‘recession’

A billionaire developer has claimed the country is destined for recession without urgent government intervention, and has also blasted the RBA’s handling of our inflation crisis.

17/05 One age group feeling cost of living pinch

Australians in their 30s, especially those renting, have been singled out as the group most acutely feeling the pressure from uncertain economic conditions locally and abroad.

17/05 Ridiculous thing that could crash house prices

ANALYSIS

10/05 Road map for borrowers as Pepper forced to fix rate for 25 years

Campaigner says precedent will be used in future dealings with funds managing the mortgages of borrowers in distress

10/05 Hint of good news for struggling homeowners

A hidden detail in the federal budget will bring a sigh of relief to millions of homeowners.

03/05 ‘Worse outlook’: RBA boss defends interest rate hike

Tuesday’s decision to hike interest rates to 3.85 per cent sent shockwaves through the country but Reserve Bank of Australia (RBA) boss Philip Lowe has defended the central bank’s painful move.

03/05 Graph reveals horrifying rates reality

It’s the single graph that tells homeowners everything they need to know about what the future holds for interest rates and when they will start falling.

03/05 ‘Crushing’: Finance guru’s fury after hike

A leading finance expert has unleashed a scathing attack on the Reserve Bank of Australia’s (RBA) decision to hike interest rates for an 11th time, labelling the move a “slap in the face” for mortgage holders.

26/04 ‘Terrible’: Bad rates news as RBA blasted

A finance expert has lashed the RBA, accusing it of failing to control inflation – and sharing a grim prediction for Aussie homeowners.

17/04 ‘Knife-edge’: RBA’s huge rates mistake blasted

One of the nation’s biggest consultancy firms has spectacularly unleashed on the Reserve Bank of Australia, slamming the board for “tempting fate” and putting the economy “on a knife-edge”.

13/04 Why Australia is the worst place to have a mortgage

ANALYSIS

13/04 Horror risk facing Aussie homeowners

Aussie homeowners are at particular risk of home loan default, with the nation straining under a perfect storm of conditions.

11/04 ‘Much needed cash’: $141b issue to hit

An avalanche of refinancing is expected in the coming months after 10 hikes sent interest rates skyrocketing with Aussies scrambling to find a better deal due to a whopping $141 billion worth of fixed rate mortgages set to expire.

08/04 How to ease ‘mortgage cliff’ pain

Hundreds of thousands of Australian homeowners breathed a sign of relief on Tuesday when the Reserve Bank (RBA) opted not to slug households with an 11th consecutive interest rate rise.

07/04 Mortgage row Baby Boomers always get wrong

ANALYSIS

04/04 RBA interest rates: Philip Lowe announces cash rate decision | news.com.au — Australia’s leading news site

Mortgage holders can breathe a sigh of relief after the Reserve Bank halted its unprecedented run of interest rate rises.

04/04 Homebuyers’ wages fall up to $145k short to buy without mortgage stress | news.com.au — Australia’s leading news site

Ten interest rate hikes in a row and rising property prices are hitting homebuyers’ wages hard as they fall up to $145,000 short to afford a house in the nation’s capital cities without suffering from mortgage stress, alarming new research has revealed.

04/04 Unexpected blow for Aussie rich kids

After 10 consecutive interest rate rises by the Reserve Bank of Australia (RBA), an unlikely loser has emerged.

03/04 Possible good news for mortgage holders

Mortgage holders are bracing for the next decision from the Reserve Bank of Australia (RBA) to be handed down later today – but for the first time in nearly a year there’s a chance it might not be bad news.

31/03 Sign house prices are rising

The cost of purchasing a home looks to be back on the rise, at least for the time being, in an unwelcome change for those looking to buy a property.

30/03 Worst suburbs to buy a house revealed

The most in demand suburbs for buyers in Australia have been revealed as the market continues to lag across the board.

23/03 ‘Get away with it’: Big v small banks

A loan expert has weighed in on the whether big or small banks are giving bang for your buck as interest rates soar.

20/03 Move 2300 Aussies are making every day

A whopping 2370 Aussies are refinancing their mortgage every working day as interest rates have seen homeowners hit with 10 painful consecutive hikes.

20/03 Why Aussie banks will ride out global chaos

Australia’s banks remain “unquestionably strong” and local financial markets are “still functioning” despite being volatile amid growing global strain.

17/03 The strange thing stopping the Australian property market from crashing

ANALYSIS

14/03 Major clue over RBA’s next rate move

Aussie homeowners are being battered by increasingly brutal interest rate rises – but there could be some relief on the horizon.

10/03 ‘Stressed’: $1200 a week nightmare for Gold Coast family

Jason Bosworth has been forced to take on a second job as he faces the “stressful” reality of his family’s mortgage rolling off an ultra-low fixed rate, which will see their repayments double to $1200 a week.

10/03 Man’s $5.2m property portfolio on $70k wage

An ordinary family have opened up about how they led a “secret double life” that scored them a property portfolio worth $5.2 million.

10/03 Peak of Aussie interest rates revealed

Earlier this week the RBA raised interest rates for the 10th consecutive meeting, with rates now sitting 3.5 per cent above where they were when the rate rise cycle began.

10/03 Money guru’s huge cash offer to homeowners

Struggling homeowners are set to get the cash injection they deserve thanks to a leading finance expert opening his wallet in a bid to ease the burden of rising interest rates.

07/03 Treasurer’s top priorities amid rates pain

Jim Chalmers says inflation is still unacceptably high and too persistent but he’s optimistic it’s slowing down after the Reserve Bank hiked interest rates for a tenth consecutive time.

07/03 ‘Great pain’: Interest rates to rise again

All four major banks have tipped that interest rates will rise by another 0.25 per cent but there are warnings that Australians will be feeling “great pain” from the decision to hike them for the tenth time in a row.

06/03 ‘Enormous financial pain’ to hit young due to interest rates

Interest rates are expected to be hiked for the tenth time this week with younger households and those on lower incomes set to be worst hit by one of the most aggressive rate tightening cycles as they soar to a 10 year high.

24/02 ‘Greed’: Qantas, CBA, Woolworths, Coles cause price crisis

Excessive corporate profits – and not Australian wages – are behind the skyrocketing cost of living, new analysis has revealed, with one union slamming big businesses for creating a “greed price spiral”.

24/02 Sign Boomers could destroy Australia’s inflation plan

Since the RBA started raising rates in May of last year, Australians have seen the largest relative increase in mortgage interest repayments in Australian history by an enormous margin. Prior the current rate rise cycle, the largest increase in interest repayments was 58.5 per cent, which occurred over a six-year period between 2002 and 2008.

17/02 ‘No spare cash’: Shock reality of rate hikes

Soaring interest rates mean one-in-10 variable rate mortgage holders are in stress and Australia risks falling into a recession, but Reserve Bank boss Philip Lowe insists the alternative would be far worse.

16/02 ‘Furious’: Treasurer reads riot act to banks

Jim Chalmers says he understands why customers are “furious” with their banks for raising mortgages but not passing on higher interest rates to deposit holders.

15/02 Kochie’s surprising financial confession

Sunrise host and financial guru David Koch made something of a sheepish confession about his own finances during today’s episode of the breakfast TV show.

14/02 RBA governor to face grilling

The governor of the Reserve Bank Phil Lowe will front a public grilling for the first time since the RBA raised interest rates for a ninth consecutive time.

13/02 Minister in hot water for RBA call

Anthony Albanese is facing calls to sack his assistant treasurer after he again declared he was hopeful the Reserve Bank would not keep hiking interest rates.

13/02 Alarming detail about Aussie mortgages

Homeowners are “struggling” to make mortgage repayments as the RBA continues to lift interest rates, forcing many to pay an extra $1000 per month.

07/02 Aussies locked into ‘mortgage prisons’ following rate rise

In a landscape of skyrocketing interest rates and a cost of living crisis that has seen staples like groceries, petrol and utilities increase over the past year, a growing number of Australians are already feeling the pinch.

06/02 How much interest rates will rise by

The big four banks all seem to be in agreement that Australians are about to get slammed with another significant interest rate hike.

06/02 ‘Stressed’: Gold Coast family’s $1200 nightmare

Jason Ross and his wife Emma felt extremely lucky to be able to buy their dream family home but now they are worried they could lose it.

04/02 ‘Extreme stress’: Judge’s grim rates warning

A top NSW judge is bracing for courtrooms in the Supreme Court to be clogged with home repossession cases as interest rates rise and homeowners fall behind repayments.

03/02 ‘Overwhelmed’: RBA’s biggest mistake exposed

ANALYSIS

02/02 Horror interest rate prediction

Australian homeowners could be smashed with six more interest rate rises in the coming months, grim new analysis has revealed.

02/02 Fears and risk of Aussie recession is rising

There are fears that the risk of Australia falling into recession has risen with early signs pointing to potential financial doom for the country as the strain of soaring inflation and cost of living pressures show no signs of easing.

31/01 Treasurer’s big worry for mortgage holders

Federal Treasurer Jim Chalmers has hinted at further cost-of-living relief as the government fears more Australians will face further financial stress when their mortgages change this year.

30/01 Huge mortgage change coming for Aussies

Australians already struggling with the cost of living crisis are bracing for further pain when their fixed rate mortgages end this year.

26/01 Home sales drop by eye-watering 42%

Australia’s property market has been so savaged by multiple back-to-back interest rate rises that new home sales have dropped by an eye-watering 42 per cent.

20/01 Dire forecast for thousands of Aussie buyers

In recent months there has been a great deal of debate surrounding the “fixed rate mortgage cliff” and its impact on the housing market and the broader economy.

12/01 Aussies set for more interest rate pain

Economists are tipping another interest rate hike after “disappointing” data released this week revealed inflation had climbed back to a 30-year high.

10/01 New figures expose Sydney’s dire rental market

Sydneysiders have seen their weekly rental cost climb yet again, despite new figures revealing prices have stalled in most other cities across the country.

05/01 ‘Critical’: House prices to plunge 20 per cent

Australian homeowners should be bracing for a September bloodbath on the housing market, an expert has warned.