Today
The suburbs where unit values are rising 11 times faster than houses
“Investors are snapping up apartments because they are more affordable and the yields are becoming quite attractive.”
- Nila Sweeney
- Opinion
- Opinion
Everyone calm down, inflation is not taking off again
The Reserve Bank should be alert to stubborn price pressures, but not alarmed.
- Updated
- Tim Hext
- Exclusive
- RBA
RBA rate rise shock is being underestimated, history shows
It has raised interest rates almost every time in the last 25 years that it has faced the current high quarterly inflation figure immediately before a board meeting.
- John Kehoe
- Opinion
- Investing
The succession wisdom of an iconic value investor
Fund manager Richard Pzena has made some tricky decisions during his career. But one he is particularly proud of is to act early on succession: his.
- Updated
- Jonathan Shapiro
Economists call for tighter immigration to help RBA’s inflation war
Economists from some of the largest banks are urging the government to restrict migrant visas to help ease the housing crisis that is pushing rents and prices of goods higher.
- Updated
- Cecile Lefort
Star Entertainment debt investor tries offloading stake
At least one lender is feeling nervous after the list of executives leaving Star got bigger, and its shares fell 20 per cent in the past month.
- Jonathan Shapiro and Zoe Samios
This Month
Not just cruises: Boomers direct spending to kids and grandkids
Financial advisors report many over-65s are helping family members rather than splurging – though travel is a thing.
- Joanna Mather and Lucy Dean
High inflation may last another two years unless rates rise again
If Jim Chalmers does not use the budget to cool the economy, the RBA will have little chance of achieving its target without raising interest rates, say economists.
- Michael Read
OECD warns sticky inflation means rates higher for longer
The warning came as CEOs deliver upbeat assessment of the economy and financial markets push out expectations for rate cuts to May or June 2025, potentially after the next federal election.
- Ronald Mizen, James Eyers, Lucas Baird, Simon Evans, Tess Bennett and Carrie LaFrenz
Markets push interest rate cuts beyond the next election
Investors think the first rate cut may not be until May 2025 or June 2025, complicating Labor’s re-election bid amid red-hot voter concern over cost of living.
- Michael Read
Markets cheer after Fed chief rules out rate increases
Traders have ramped up US rate cut bets this year after the Federal Reserve kept interest rates on hold, but the prospect of higher rates in Australia this year is still on the cards.
- Cecile Lefort
- Opinion
- Federal Reserve
The US presidential election is casting a long shadow over the Fed
Lingering inflation has caused hopes for US interest rate cuts to wither. That means the Federal Reserve risks becoming dragged into a divisive election.
- Karen Maley
- Opinion
- Monetary policy
Powell bristles at election influence on rate cuts
The Federal Reserve chairman has taken umbrage at suggestions monetary policy decisions will be influenced by the US presidential election.
- Matthew Cranston
- Opinion
- Chanticleer
Investors aren’t falling for Powell’s ‘confidence’ trick
The Fed chairman has made it clear the bar for a rate rise is very high. But while he hasn’t lost faith in disinflation, rate cuts are moving further away, too.
- James Thomson
A housing boom is coming – for the wealthy
Investors, downsizers and upgraders will drive the next wave of residential development. First home buyers will hardly get a look in.
- Michael Bleby
- Opinion
- Opinion
Are we returning to the late ’90s high interest rate era?
I’m starting to wonder whether high interest rates might last a lot longer than many people, including me, have been predicting.
- Paul Krugman
Fed, RBA to talk tough on inflation and rates
The central banks are expected to take harsher tone on tackling inflation at their upcoming policy meetings, further tempering rate cut hopes that have underpinned equities this year.
- Cecile Lefort
- Opinion
- RBA
Bullock must now warn that interest rates may rise again
When the RBA board meets next week, the key question governor Michele Bullock will be grappling with is the future pace of disinflation.
- John Kehoe
- Opinion
- Opinion
The Fed won’t move on rates, but investors will still hang on Jerome Powell’s every word
If the Fed concludes overnight that US inflation is stuck at around 3 per cent, it’s unlikely to cut rates at all this year and that will weigh on asset prices, including shares.
- Karen Maley
‘Bullet-proof’ house prices to keep rising despite higher rates
Chronic housing supply shortage would shield prices from sharp downturn if interest rates increase further, or stay higher for longer, experts say.
- Nila Sweeney
