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Australian central bank boosts rate for 3rd month in a row - Netscape Money & Business

Australian central bank boosts rate for 3rd month in a row - Netscape Money & Business
netscape.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from netscape.com Daily Mail and Mail on Sunday newspapers.

New South Wales , Australian Capital Territory , Jim Chalmers , Philip Lowe , Treasury Department , Associated Press , Reserve Bank , Corelogic Home Value Index ,

RBA boosts rate for third month in a row

Australia’s central bank yesterday lifted its benchmark interest rate for a third time in three straight months, changing the cash rate to 1.35 percent from 0.85 percent.
The Reserve Bank of Australia’s (RBA) half a percentage point rise was the same size as its increase last month.
When the bank lifted the rate by a quarter percentage point at its monthly board meeting in May, it was its first rate hike in more than 11 years.
RBA Governor Philip Lowe yesterday said that inflation in Australia was high, although not as high as it is in many other countries.
“Global factors account for much ....

New South Wales , Australian Capital Territory , Jim Chalmers , Philip Lowe , Treasury Department , Reserve Bank , Victoria Market , Australia Jim Chalmers , Corelogic Home Value Index , The Taipei Times ,

The Nashville Ledger

The Nashville Ledger
tnledger.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from tnledger.com Daily Mail and Mail on Sunday newspapers.

New South Wales , Australian Capital Territory , Jim Chalmers , Philip Lowe , Treasury Department , Front Page , Reserve Bank , Corelogic Home Value Index ,

Time taken to save a deposit hits record 11.4 years

Housing affordability has worsened, with the median time required to save a 20 per cent deposit blowing out to 11. 4 years, according to a new ANZ-CoreLogic report.   ....

New South Wales , John Campbell , Eliza Owen , Felicity Emmet , Annie Kane , Centre For Social Research , Logic Housing Affordability , Corelogic Home Value Index , Social Research , Logic Housing Affordability Report , Mortgage Business , Elite Broker , Adviser Live ,