Interest rates: CBA warns rises will cause homeowners to cut spending
High household debt means borrowers will be extra-sensitive to rate hikes, and CBA warns a doubling of fixed rates will cause consumers to trim spending.
Source: afr.com
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Ally Langdon rips into Scott Morrison over rising inflation
Australia's inflation hit 5.1 per cent - the fastest pace in 21 years - sparking fears interest rates could rise less than three weeks before the May 21 election.
Source: dailymail.co.uk
Westpac joins chorus backing May rate rise as CBA, Macquarie say June
Three out of the four major banks anticipate the RBA to start lifting the cash rate as soon as next week due to red-hot inflation.
Source: afr.com
Federal election 2022: RBA caught between poll and markets
Josh Frydenberg has reminded the RBA of its plan to wait for wages data before increasing interest rates, but major banks are urging the RBA to move next week
Source: afr.com
ANZ predicting interest rate rise in May after inflation surges
ANZ has become Australia's first big bank to predict a May rate rise after new data showed inflation at the highest level since the introduction of the GST two decades ago.
Source: dailymail.co.uk