Interest rate rises are causing stress – but a financial adviser has tips for anyone who wants to take advantage of the sharemarket during a meltdown. Through 2022, the Reserve Bank of Australia (RBA) has started raising interest rates and the sharemarket has been battered as a result, with over $US3 trillion ($A4.3 trillion) wiped …
How to take advantage of the $3 trillion sharemarket meltdown Read More »
Australia has weathered its fair share of economic slowdowns in the past without going into recession – but will it be able to pull off a miracle again? As concerns over potential recessions in Eurozone, Britain and the US continue to build, the possibility of the first truly synchronized global economic slowdown since the GFC, …
Australia economy: How prepared are we for looming global recession Read More »
One of Australia’s top weapons against widespread economic hardship is being tested by a concerning situation in China. When the Global Financial Crisis hit back in 2008, one of the key strengths that pulled Australia through without the hardships seen elsewhere in the world was its abundance of natural resources. The most lucrative of all …
Iron ore price: China’s worrying sign for Australia as fears rattle our biggest export Read More »
As fixed mortgages end and rates rise, many risk losing their homes | The Business | ABC NewsABC News (Australia)View Full coverage on Google News .
ACTU Secretary Sally McManus says the Reserve Bank is out of touch and living in “boomer fantasy land” if it thinks workers can afford real cuts to their wages. Key points: Ms McManus says the RBA was not “in touch with reality” She argues unions are incapable of delivering across-the-board wage rises in line with …
A mum has become the latest Aussie to be ripped off by the same scam, with the common link being a man with a British accent. A Melbourne widow who had only just come to terms with her husband’s shock passing is reliving a new trauma after scammers stole $750,000 from her. Mum-of-three Michelle Lowry, …
Woman loses $750k in government bond cyber scam involving Cuscal bank Read More »
It’s been a nightmare few months for cryptocurrency investors, with billions being wiped off the market in a matter of weeks, but it’s about to get a whole lot worse. It’s been a nightmare few months for cryptocurrency investors, with billions being wiped off the market in a matter of weeks, but it’s about to …
Tether price: Stablecoin could wreck cryptocurrency for good Read More »
Buy now, pay later companies struggle as interest rates rise | The Business | ABC NewsABC News (Australia) Buy now, pay later companies on the brink as bad debts and interest rates riseABC News Buy now, pay later companies struggle as interest rates riseABC News View Full coverage on Google News .
As Australia’s cost of living nightmare gets worse by the day, one of the nation’s top bosses has warned of the reality of what’s to come. Federal Treasurer Jim Chalmers has warned inflation is Australia’s “defining challenge” after Reserve Bank governor Philip Lowe predicted it will hit 7 per cent this year. In a speech …
Reserve Bank Governor Philip Lowe warns inflation will hit 7 per cent this year Read More »
The crypto winter has just got even colder, an expert has warned, with another bloodbath on the way. The crypto winter has just got even colder, an expert has warned. Instead of being simply winter, cryptocurrency is now caught up in a “polar vortex”, a senior executive at one of the world’s largest banks said …
Bitcoin price under threat as expert warns that crypto winter has become ‘polar vortex’ Read More »
