The Latest Breaking News from Sean Langcake

Mortgage squeeze to worsen as RBA prepares rate hike amid refinancing binge

Millions of Australian homeowners are facing yet another jump in their mortgage bills this week, with a fresh rate hike incoming.

The New Daily · Feb 6, 2023

Inflation peak to cause even higher mortgage bills in early 2023, economists say

Australian homeowners are being warned to brace for at least two more interest rate hikes in early 2023 after fresh inflation figures.

The New Daily · Jan 25, 2023

Inflation crossroads: Where cost-of-living crisis, interest rates could go in 2023

It’s been a rollercoaster year for families as a cost of living crisis has combined with steep interest rate hikes to squeeze millions.

The New Daily · Jan 2, 2023

Smarter Australia: Census reveals sectors with massive growth

Australia is rapidly transforming into a highly qualified nation where vast numbers are taking jobs in fields like cybersecurity.

The New Daily · Oct 12, 2022

RBA ‘near the summit’ in quest to curb inflation, as Governor Lowe warns of further rate rises

The Reserve Bank is "near the summit" in its uphill battle to curb the fastest rate of inflation in a generation, economists say.

The New Daily · Oct 4, 2022

Economists discount unemployment rise amid ‘bright’ jobs outlook

Australia's unemployment rate ticked up for the first time in 10 months as more Australians looking for work offset a solid rise in jobs.

The New Daily · Sep 15, 2022

RBA raises rates for a record fifth month, but many are yet to feel mortgage pain

Households will be hit with another hike in their mortgage bills after the RBA increased interest rate for a record fifth month in a row.

The New Daily · Sep 6, 2022

RBA’s search for inflation sweet spot tipped to raise interest rates to 2.35 per cent

Households are staring down yet another mortgage bill hike next week, with the Reserve Bank set to pass through its fifth interest rate hike in a row.

The New Daily · Sep 1, 2022

‘Deeply negative’: Real wages plunge at fastest rate on record before jobs summit

Australian households are suffering under the sharpest decline in real wages on record as “sluggish” purchasing powercontinues to lag soaring prices.

The New Daily · Aug 17, 2022

‘Turning point’: Business collapses spike but local recession still unlikely, say economists

The number of businesses falling into administration spiked in July as economists warn the economy is headed towards a “turning point”.

The New Daily · Aug 9, 2022