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The Latest Breaking News from ANZ

The RBA’s interest rate-rising looks done – and a soft landing for the economy could be on

Australia’s economy might be just where Philip Lowe wants it – barring any nasty surprise – as he hands over to Michele Bullock

The Guardian - AU · Sep 5, 2023

What's to stop Philip Lowe moving to a private bank after he leaves the RBA? It's what his predecessors did

Surely Reserve Bank Governor Philip Lowe won’t move to a private bank after his term as governor ends next week.

The Conversation · Sep 5, 2023

Afternoon Update: Lehrmann intends to sue ACT government; China scraps barley tariffs; and Aussie horror film a US hit

Bruce Lehrmann says he intends to sue the ACT government over alleged flaws in his prosecution

The Guardian - AU · Aug 4, 2023

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Australians pull back on retail spending as case for holding interest rate grows

Sales turnover across most categories dips amid cost-of-living pressures ahead of RBA decision on cash rate next week

The Guardian - AU · Jul 28, 2023

Carbon, clean energy needs underpin Aust-Singapore ties

An investor forum in Singapore is examining ways to support global climate ambitions, sustainable development and a pipeline of Australian renewable energy.

AAP · Jul 20, 2023

Easing global inflation story takes pressure off rates

Moderating inflation around the world could help the Reserve Bank build the case for an extended pause on interest rates.

AAP · Jul 16, 2023

Where to next for the Australian economy, the RBA – and Philip Lowe?

The Reserve Bank governor will soon find out if his term has been extended – but economic hints from major banks tell a happier story than expected

The Guardian - AU · Jul 12, 2023

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Mortgage-holders running out of cost-cutting ideas

The proportion of borrowers struggling to meet their repayment is rising, with the prospect of another interest rate hike in July adding to pressures.

AAP · Jul 3, 2023

Renter confidence returns to all-time lows

Low vacancy rates and high demand for housing are sending rents sky-high and weighing heavily on the confidence of renters.

The New Daily · Jun 20, 2023

ANZ, Suncorp agree to major investments in Queensland

ANZ is promising to establish a major tech hub in Brisbane while Suncorp says it will establish a new disaster response centre at its headquarters there.

AAP · Jun 16, 2023

Consumer confidence plunges to another three-year low

The latest interest rate rise has knocked consumers around and caused sentiment to sink closer to levels last seen at the start of the pandemic.

The New Daily · Jun 14, 2023

Growth report likely to reveal an economy losing steam

Economic activity is expected to slacken further as higher interest rates and gloomy global conditions persist. The national accounts for the March

The New Daily · Jun 6, 2023

‘Razor’s edge’: Duelling futures for mortgage bills as RBA mulls June interest rates hike

The RBA will decide this week whether to raise mortgage bills for millions of Australian families again, or deliver a June reprieve and pause interest

The New Daily · Jun 4, 2023

White-knuckle wait for Tuesday’s latest RBA interest rate decision

Another close interest rate call is looming for the Reserve Bank amid persistent inflation and stagnant productivity growth

The New Daily · Jun 4, 2023

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The New Daily · Jun 1, 2023

Fair Work Australia to rule on minimum wage, paid to millions of Australians

Millions of Australians on award and minimum wages are poised to find out how much more they will be paid. But economists warn a too-generous rise could

ABC News · May 30, 2023

Why Australian households are divided when it comes to financial pressure, and economists are divided on the outlook

Economists are divided on how well households will weather the storm of rent rises, soaring home loan rates and rising prices, just as Australians are divided in how much financial pressure they're under.

The New Daily · May 29, 2023

Consumers have their most pessimistic month since 1990

Interest rate hikes and the lack of real wage growth continue to hit Australian consumers hard and keep confidence subdued.

ABC News · May 29, 2023

Family living in one room as new report shows 'extreme' rental stress gripping New South Wales

A new report from ANZ and CoreLogic shows since the pandemic rental prices have increased dramatically, and low-income earners would need to spend more than half their pay to secure a rental property.

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ABC News · May 28, 2023

PwC stands down nine partners, chairman exits over tax scandal, ASX gains on US debt ceiling deal optimism — as it happened

After posting a weekly fall, the Australian share market has jumped at the start of trading, ahead of inflation data and the RBA governor speaking this week. Look back on the day's events and insights from our business reporters on the ABC News markets blog.

The New Daily · May 28, 2023

Rents to income levels reach near decade highs

Rental demand is fast outrunning supply and low-income households are bearing the brunt of the rental affordability crisis, analysis shows.

The Guardian - AU · May 28, 2023

Australia’s rental affordability drops to worst levels in nearly a decade

New report shows average households are spending a third of income on rent while lower income families pay more than half their earnings

The Guardian - AU · May 22, 2023

I bought my first home in Australia aged 26. How? A combination of privilege and inheritance

Young people don’t lack the motivation or financial skills to buy a house, they simply lack the money. Parental support often is the only way

The New Daily · May 10, 2023

Chalmers defends budget’s ‘meaningful’ help amid split on interest rate risks

Treasurer Jim Chalmers has defended his second budget as offering "meaningful relief to households" – while not contributing to inflation.

The New Daily · May 4, 2023

ANZ’s profit soars but CEO warns challenges ahead

Australia's third-largest bank has delivered a strong performance for the six months to March but warned of a difficult six months ahead.

ABC News · May 4, 2023

Which banks have passed on the May RBA rate rise to mortgage borrowers? NAB kicks it off, as ANZ follows

Here is a breakdown of which major banks have responded to the RBA's decision, and which ones we're still waiting on.

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