Page 2 - Martin Foo News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Chances of an imminent hike in Australian interest rates grew on Wednesday after data showed house prices rebounding to near record highs and the International Monetary Fund recommended tightening monetary and fiscal policy screws to curb inflation. Markets responded by pricing in a near-70% chance that the Reserve Bank of Australia (RBA) will raise rates by a quarter point to 4.35% when it meets on Nov. 7, ending four months of keeping rates on hold. High readings for inflation and consumer spending had already suggested policy might be too loose, and that view was reinforced by a CoreLogic...

S&P Global Ratings warns local councils’ credit ratings risk being downgraded under National’s plan to ditch Three Waters, which could make it even more...

The change of government will have no impact on the country's top-level credit rating, according to a global agency.

Daniel Mookhey to give major speech to parliament outlining the state’s finances as budget delayed until September

Investors expect competition to raise debt to fund ambitious infrastructure projects while budgets remain in deficit will mean big returns to attract buyers