Page 8 - Peter Rae News Today

Australia’s interest bill is $190 million a day, and soaring mortgage interest rates and the tightest rental market in a generation has left record numbers of Australians under growing financial stress.

Even if there are as many as three interest rate cuts later this year, it might not be enough.

Even if there are as many as three interest rate cuts later this year, it might not be enough.

National Australia Bank CEO Ross McEwan is set to retire in April with the bank naming his successor.

Even if there are as many as three interest rate cuts later this year, it might not be enough.

Even if there are as many as three interest rate cuts later this year, it might not be enough.

Australia’s millionaire’s factory is on the cusp of a big home run. To get there, it needs another heavyweight to make a big bet on the future of AI.

The annual summit, held at the International Convention Centre, hears pitches from all sorts of Sydneysiders on the one big thing they would do to change the city.

With the sharemarket trading at all-time highs and central banks preparing to cut rates, companies are getting ready to go public.

For a decade Philip Baigent endured water pooling on his balcony and leaking into his flat. He is now living in a short-term rental apartment waiting for the strata committee to fix the problem.