Credit Suisse adds to fears of new GFC; rate hikes may be paused European markets have turned sour with concerns now directed at Credit Suisse whose shares plunged 24 per cent to a record low. The New Daily · Mar 16, 2023
Interest rate rises have Australians ready to slash spending, and businesses are bracing for the cuts Australia's economy is still holding up on the back of household spending, but there are warning signs that a severe downturn is imminent — and small businesses are already seeing it in action. ABC News · Mar 14, 2023
Consumer confidence plunges to COVID lockdown lows Consumers are feeling wobbly after the Reserve Bank's tenth interest rate hike in a row and amid stubborn inflation. The New Daily · Mar 14, 2023
Cost-of-living concerns impacting Aussie travel plans After rebounding from the pandemic, the travel industry is facing further setbacks as holidaymakers face cost-of-living concerns. AAP · Mar 13, 2023
Interest rates: How refinancing and saving are shaping up after the March hike The Reserve Bank’s tenth interest rates hike in a row last week has sparked a flurry of fresh activity from lenders. The New Daily · Mar 12, 2023
Banks continue to drag their feet lifting savings account rates Banks defy political pressure by not passing on higher interest rates to all savers even as they hit mortgage holders with rapid-fire hikes The New Daily · Mar 10, 2023
Some savers still being left behind as cash rate lifts Banks are still picking and choosing which deposit accounts to lift rates on despite pressure from the consumer watchdog to pass higher rates on to savers. AAP · Mar 10, 2023
The Reserve Bank is tipped to raise interest rates again, even as some families struggle to meet higher home loan repayments Australia's major banks expect the Reserve Bank will lift the cash rate to its highest level since May 2012 later today, but thousands of families like Le Tran's are already having to make sacrifices to make ends meet. ABC News · Mar 6, 2023
ANZ bank apologises after customers' personal information found in Perth skip bin One of Australia's biggest banks investigates after customers' personal data is discovered "floating down the street" after being dumped in a skip. ABC News · Mar 1, 2023
ANZ bank documents found dumped in suburban skip bin A Perth man found dozens of dumped ANZ bank documents, some of which were blowing down the street, while walking near a recently-closed branch. The New Daily · Mar 1, 2023
New Zealand’s Blair Tickner saw ‘lives being flipped upside down’ by cyclone Tickner made his Black Caps debut in the series opener at Mount Maunganui. The Independent UK · Feb 22, 2023
ACCC asking why banks are slow to lift interest rates on savings accounts The landscape for Australian savings rates is changing fast as banks begin to relent after the RBA’s February interest rate hike. The New Daily · Feb 16, 2023
China's economy is recovering — is that a good thing for Australians faced with surging prices? China's rebounding economy is set to have ramifications for Australia — both good and bad — and could exacerbate our cost-of-living issues. ABC News · Feb 13, 2023
Australia’s softening inflation unlikely to spell an end to interest rate hikes The worst of the current inflationary cycle may be behind us, but the pain is probably not over for many households The Guardian - AU · Jan 24, 2023
The Guardian - AU · Jan 18, 2023 Terry Irving spent 1,671 days in jail for a crime he didn’t commit – and 25 more years seeking justice Australia is the world’s only democracy that fails to offer statutory legal remedy for those wrongfully imprisoned
AAP · Jan 14, 2023 Jobless rate likely still below 4pct The next set of jobless and employment numbers due this week are likely to show the labour market remains tight ahead of next month's central bank meeting.
AAP · Dec 23, 2022 Boxing Day shoppers ready to smash records Boxing Day spending is expected to reach record heights as shoppers look to snap up bargains, despite financially challenging times.
AAP · Dec 16, 2022 Australia's 2023 economic outlook unclear There are a range of unknowns hanging over Australia's economic fortunes in 2023 but most agree a recession is unlikely.
AAP · Dec 15, 2022 ANZ bracing for uplift in household stress ANZ CEO Shayne Elliott has told shareholders cost-of-living pressures are starting to have a meaningful impact on household finances.
AAP · Dec 8, 2022 Zurich unit rejected claim in 'bad faith' Zurich subsidiary OnePath failed to inform a consumer of her rights when rejecting an allegedly fraudulent insurance claim, ASIC has said.
The New Daily · Dec 6, 2022 All eyes on Christmas as Reserve Bank mulls even higher interest rates in 2023 RBA Governor Philip Lowe unveiled an eighth interest rates hike at the bank's final meeting of 2022 on Tuesday.
AAP · Dec 3, 2022 All eyes on last cash rate call for 2022 The Reserve Bank board will meet for its December cash rate decision next week and Australia's economic growth for the third quarter will be revealed.
AAP · Nov 29, 2022 Inflation down but consumer pain lingers Cost of living pressures eased slightly last month, although it's still too early to call the turning point for inflation.
Asharq Al-Awsat · Nov 25, 2022 Oil up amid Wrangling over Russian Oil Price Cap Oil prices rose in Asia on Friday, despite thin market liquidity, after a week marked by worries about Chinese demand and haggling over a Western price cap on Russian oil. Brent crude futures rose by 28 cents, or 0.33%, to trade at $85.62 a barrel at 0410 GMT. US West…
ABC News · Nov 23, 2022 Black Friday, Cyber Monday sales set to top $6b, as consumers shrug off soaring inflation Australians are expected to add to last year's $6 billion spend in the Black Friday and Cyber Monday sales, even with inflation at a 30-year high.