Enough with the hysterical coverage about interest rates
News

Enough with the hysterical coverage about interest rates

- May 6, 2022 4 MIN READ

Let’s go through the facts and disprove some of the mistruths currently being sprouted by the media and politicians about interest rates. Yes, the Reserve Bank surprised everyone by raising official interest rates 0.25 per cent (instead of the expected 0.15 per cent) to 0.35 per cent. Yes, home loan monthly repayments will rise almost… Read more »

Interest rates will rise but by how much
News

When interest rates will rise and by how much?

- April 14, 2022 3 MIN READ

How much interest rates will rise is the big question and each of the big banks have a slightly different answer… but they all agree the first rate increase will be June. Westpac’s economic team is now predicting the cash rate hikes will start in June and hit 2 per cent by June the following… Read more »

US interest rates matter
News

Why US interest rates matter to you

- March 21, 2022 3 MIN READ

The US Federal Reserve officially lifted interest rates last week. Here’s why US interest rates matter to Australians. By Matt Hopkins Interest rates are admittedly a pretty dry subject and usually devoid of anything resembling fun, but ultimately they affect all of us, even if you think you’re way too cool to take notice. Interest… Read more »

Why interest rates are going to stay low
Your Money

Why interest rates are going to stay low for a long time

- August 20, 2021 2 MIN READ

Rolling lockdowns, slow wage growth and falling employment means interest rates are going to stay low for the foreseeable future. Very slow wages growth will keep interest rates low This week’s Wage Price Index, which measures our pay packets, grew a modest 0.4 per cent in the June quarter. This was below economists’ expectations for… Read more »