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Housing stress nears decade-long high
The latest HILDA survey was released on Thursday, finding that cost of living has impacted Australia's wellbeing.
The annual survey is the largest longitudinal study of its kind in the country, tracking around 17,000 people across 9,000 households every year since 2001. This year's edition draws on data through to 2024 and covers everything from income and employment to relationships and mental health.
Opposition blames government spending for interest rate pressure
The potential 15-year high cash rate target is the fault of excessive government spending, according to the leader of the National Party.
Matt Canavan told News24: "The problem clearly is too much government spending, too much heat in the economy."
How would a rate hike impact you?
For many mortgage borrowers, another 0.25 percentage point increase would add to monthly repayments that have already soared by hundreds of dollars this year.
According to analysis by financial comparison site Canstar, a standard rate rise would add roughly $107 to the monthly repayments on a $700,000 loan on an average variable rate, bringing the cumulative increase this year to $424 a month.
The numbers every mortgage borrower and hopeful buyer should know
The RBA will hand down its rates decision on Tuesday, with interest rates tipped to rise for the fourth time this year.
Cost of Living
What a reported weapons offer reveals about the complexities of US-China ties
Comments from the US ambassador to China seemed to suggest Donald Trump had asked Xi Jinping about buying US weapons. It's created a storm.
Five men released on bail as RAF Fairford terror investigation continues
Amid concerns about involvement by Iran, US President Donald Trump expressed surprise at news of the men's release.
