Interest rates
Volatility is king: Markets brace for more turbulence amid meltdown
Global sharemarkets have been a sea of red as the era of cheap money comes to a screeching halt. And investors predict more uncertainty is on the horizon.
- by Clancy Yeates
Latest
Tight jobs market adds to pressure on Reserve Bank to accelerate rate rises
The number of people looking for a job or underemployed has dropped to its lowest level in 40 years as the unemployment rate remains steady at 3.9 per cent.
- by Rachel Clun
Analysis
Inflation
World’s central banks got it wrong, and economies pay the price
Even after central banks recognised they got their inflation calls wrong last year, they’ve continued to flub their policy guidance, roiling markets and threatening greater damage to their credibility.
- by Enda Curran
Opinion
EU
The threat of Europe breaking apart is rising as old ghosts emerge
Remember Grexit and Quitaly? The prospect of Italy and Greece exiting the EU has returned as the European Central Bank ramps up the fight against inflation.
- by Stephen Bartholomeusz
‘Walking a tightrope’: Recession fears wipe billions off the market
The local sharemarket has slumped to its worst session since the start of the pandemic, amid predictions superannuation funds will make negative returns of -4 to -5 per cent this financial year.
- by Clancy Yeates and Simone Fox Koob
Opinion
Sharemarket
On high alert: Markets a sea of red as they wait for the big reveal
With markets in turmoil, a critical moment for investors looms at this week’s Fed meeting.
- by Stephen Bartholomeusz
Opinion
Inflation
Shock US inflation a rude reality check for already shaken markets
The Federal Reserve Board meets this week against the backdrop of a shock increase in inflation late on Friday, leaving chair Jerome Powell little choice but to raise rates for the third time this year.
- by Stephen Bartholomeusz
Mortgage ‘cliff’ looming for home owners when fixed-rate loans end
Experts are warning borrowers who were able to lock in low, fixed mortgage rates early in the pandemic face a jump in repayments once their terms expire.
- by Rachel Clun
Opinion
Property prices
Our Bondi pad: A snapshot of generational betrayal as it sells for seven times what we paid
The consumer price index fails to account for the biggest factor affecting most Australians’ material decisions.
- by Malcolm Knox
Latest rate rise casts shadow over Pallas’ budget surplus prediction
Economists are divided on what impact the faster than expected rate rises will mean for the Victorian Treasurer’s projected surplus of $650 million in 2025-26, which one said was based on optimistic assumptions.
- by Sumeyya Ilanbey and Annika Smethurst
Why property prices could fall faster than first expected
Property price falls are expected to accelerate and become more widespread as buyers face reduced borrowing power, experts say.
- by Kate Burke