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Interest rates

Three banks now expect a Reserve Bank rate rise on 29 September
Finance

Three banks now expect a Reserve Bank rate rise on 29 September

NAB, Deutsche Bank and UBS all tip a rise to 4.6 per cent at the Reserve Bank's next meeting, the dollar is back above 72 US cents, and the Treasurer will not say whether he thinks another rise is needed.
6 min read 4 days ago
Australia's 10-year bond yield hits highest since 2011
Finance

Australia's 10-year bond yield hits highest since 2011

Fixed-rate home loans, business credit lines and the federal government's own interest bill share one reference point: long-term borrowing costs. Australia's 10-year government bond yield has risen to about 5.19 per cent.
6 min read 7 days ago
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