Friday, January 31, 2025
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Finance News

February interest rate cut looking more and more likely, but experts say it’s not a sure-fire bet

Economists are increasingly confident that mortgage holders and small businesses will finally get some long-awaited interest rate relief in just a few weeks.Yesterday's consumer...

Why is the Australian dollar so weak and what it means for our economy

There is little sign of the Aussie dollar's rocky start to the year ending, with the currency recently falling to five-year lows against its...
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Surprise inflation figures boost chance for interest rate cut in February

Core inflation in Australia has fallen to a better-than-expected 3.2 per cent for the December quarter, boosting hopes of...

Shocking Chinese AI advancement DeepSeek sends US stocks plunging

US stocks have dropped sharply after a surprise advancement from a Chinese artificial intelligence company, DeepSeek, threatened the aura...

Aussies primed for good inflation news this week ahead of Reserve Bank’s first rates decision of 2025

The federal government is preparing Australians for good news on Wednesday, when crucial inflation data is released ahead of...

Myer and Premier Investments shareholders back merger deal

Shareholders of Myer and Premier Investments today backed an agreement enabling the department store to expand its retail footprint...

Macquarie Bank cuts fixed-term interest rates with RBA decision looming

Macquarie Bank has cut interest rates on three of its fixed-rate home loans as the highly anticipated first Reserve...

In Australia, there are 47 people who make $67,000 every single hour. Critics say it’s ‘bad for humanity’

billionaires made $67,000 every hour – a lazy 1300 times what the average person takes home – while...