Finance

Inflation may be heading in the right direction but the bank will likely still consider another rise.

The effects of a dozen interest rate hikes since May 2022 are taking hold as Australia enters a period of 'disinflation'.

New data from the Australian Bureau of Statistics (ABS) showed that in June, the number of employed Australians increased by 33,000 people.

The cost of mortgage repayments have hit historical highs, but the RBA is still mulling further rate rises.

While everyone might want an easy answer here about whether rates will rise or fall more under the reformed RBA, the reality isn't quite so simple.

The Finance Sector Union believes two of the other big four banks will soon follow suit.

New research reveals just how long you have to work to afford an average home loan repayment.

Michele Bullock has been named as the next governor of the Reserve Bank of Australia (RBA), to replace outgoing chief Philip Lowe when his term ends on September 17.

One of Australia's big four banks has been accused of cutting hundreds of Aussie jobs in favour of profits.

From mining magnates, to technology entrepreneurs and packaging company heiresses, here's the top 10.

RBA governor Philip Lowe confirmed cutting the number of interest rates meetings is one of 10 steps the RBA will take in response to a government review released earlier this year.

Taylor Swift signed onto a lucrative touring partnership with FTX before its collapse, but FTX pulled out of the arrangement.

Australian brokering service Openmarkets has been hit with a record $4.5 million fine following a scathing ruling over suspicious trading on its platform and a failure to comply with integrity rules.

Rising interest rates, soaring property prices and low listings have made some Aussies question whether they will ever become first-home buyers.

The Reserve Bank of Australia (RBA) has left interest rates on hold at 4.1 per cent, but has warned that more hikes will be needed to contain inflation.

Claiming working from home costs is approved by the ATO but one accountant has explained what you shouldn't claim.

The start of the new financial year doesn't just mean tax returns – there's a range of other changes coming on July 1.

The surprise result puts the expectation of a near-inevitable interest rate hike next month in doubt.

The end of financial year is almost here, which means a lot of Australians are turning attention to their tax return as a way to get a welcome boost to their hip pocket amid the cost of living crisis.

Economists are talking about how "sticky" inflation is. This is what that term actually means.

Aussies are being warned to declare any money they earn through a side hustle as tax return time rapidly approaches.

The opportunity to get an extra few hundred dollars from a tax return is a welcome prospect for the millions of Australians struggling with the cost of living crisis.

Sixty-six millionaires earning more than a billion dollars put together paid no tax last year, according to new data from the ATO.

Inflation of 2.2 per cent. Interest rates at 1.5 per cent. It's a scenario that seems too good to be true for Aussies struggling with the cost of living crisis.

Australian private equity firm Allegro Funds has sold Pizza Hut Australia to one of the largest franchise operators in the world.

New research has revealed the extent of fierce competition for rental properties in capital cities.

They need to improve a 'business as usual' outlook, if they want to thrive, a new report warns.

Gross domestic product rose by just 0.2 per cent in the March quarter, its smallest increase in nearly two years.

The federal government wants to move to a cashless and mobile payments system.

The Reserve Bank of Australia has delivered a shock 12th rate hike since May last year, deciding to lift interest rates in a bid to tackle persistently high inflation.

Westpac has become the first of the big four banks to pass on today's interest rate rise, just hours after the Reserve Bank of Australia (RBA) hiked the cash rate.

The move has affected the more than three million Australians who have an outstanding student loan.

Stubborn inflation may be a big enough concern for the central bank to lift the cash rate when it meets next week.

The shock rise in defiance of market expectations is fuelling fears of another rate hike next week.

New research suggests young Australians are set to remain reliant on the bank of mum and dad to get their foot on the property ladder.

The richest people in the country have been revealed, and there's a familiar feeling about the 2023 rich list.

For the fourth year in a row, mining magnate Gina Rinehart has been crowned the country's richest person in the Australian Financial Review's annual Rich List.

The Australian carrier said air travel was rising steadily and Qantas was on track to complete its three-year recovery plan.

The Federal Court ordered AMP Life and AMP Financial Planning to pay fines of $18 million and $6 million respectively after they admitted to the "unconscionable conduct".

The company filed for Chapter 11 bankruptcy protection in the US on Monday to facilitate a sale and safeguard its future.

You can save $100 a year on charges and interest fees by doing some research and shopping around.

Treasurer Jim Chalmers is handing down one of the most important federal budgets in decades. But what's in it for you?

Jim Chalmers will be wary about crowing over returning the books to black with so many Aussies impacted by the cost-of-living relief.

There will be significant measures to address the rising cost of living, according to the treasurer.

It's time to look at recent developments and make sure you're still doing all you can to watch what you want for as little as possible.

Treasurer Jim Chalmers has promised more of this cash will flow back into Australians' hip pockets this Budget.

In simple terms, it sets out the government's priorities for the years ahead.

More interest rate rises are forecast for already embattled Aussie homeowners but renters also face steep price increases.

Calls for a regulation change are growing, as 11 interest rate hikes see more and more Aussies trapped out of negotiating for a better rate.