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The Latest Breaking News from My Bui

Banks tip more hikes as spending surge adds to RBA woes

Three out of the four big banks are tipping the Reserve Bank to raise interest rates by November, with one forecasting a hike in a matter of weeks.

AAP

Fears grow for fourth rate hike after Australia sees higher-than-expected July inflation

ABS says CPI was 3.5% in July, casting doubt on Reserve Bank meeting its 2.5% inflation target without further hike

The Guardian - AU

EV sales, air travel drive rebound in consumer spending

A surprisingly strong 0.8 per cent rise in household spending could indicate that interest rates aren't slowing the economy as fast as the Reserve Bank thinks.

AAP

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The jobs market is holding steady, what does that mean for my mortgage?

Are stable jobs numbers enough to keep the cash rate on hold?

The Canberra Times

Trump threatens to shoot down signs of economic rebound

Oil prices are rising again as conflict between the US and Iran reignites, threatening a recent recovery in household confidence and spending.

AAP

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