Inflation will very likely hit 7 per cent by the end of 2022, which means there’s more than a fair chance there will be further interest rate hikes passed on to you the borrower before the end of the year, as the RBA attempts to rein spending in order to keep inflation in check. This […]
This Queensland community organisation is tackling homelessness with Japanese-style “pod” housing. Founded by Helen Youngberry in 2018 and developed over three years, the Goodna Street Life sleeping pods are designed to provide temporary crisis housing for people and families facing homelessness. Each pod is slightly bigger than a single size mattress, made of aluminium and […]
The US dollar might be a thing of the past when it comes to global trade, as Australia’s iron ore industry welcomes this new payment method. A ship carrying Australian iron ore docked in China’s Shandong province last week. As Australia’s biggest buyer, there’s nothing unusual about that. What was remarkable was how that iron […]
The RBA hiked interest rates again on Tuesday. Now experts have warned the pain will continue to worsen for many months. After the Reserve Bank of Australia (RBA) announced its third consecutive interest rate rise, expert economists say Aussies are in for many more months of financial pain. The RBA announced on Tuesday that it […]
As cost of living rises alongside interest rates, these are the people who can cash in for the win after the RBA’s latest decision. The Reserve Bank of Australia’s decision to increase the cash rate by another 0.5 per cent won’t help to ease cost of living pressures, but for some Australians it’s actually a […]