The 25-year-old says the financial pressure of owning a home as five interest rate hikes hit takes a toll.
ANZ boss Nuno Matos says he sees a "dangerous situation" of rising rates and frothy equity markets.
With rising interest rates and cost of living pressures squeezing household budgets, many homeowners are looking at ways they can cut their bills and are turning to green finance to make it happen.
Property & Real Estate
There will be seven voting meetings next year, with the October session set up as extra time for policy deliberation without a formal vote or post-meeting statement.
Australian home prices have fallen for seven consecutive months and sit 4.3 per cent below their March peak, with soft conditions expected to persist as interest rates remain elevated.
US Treasuries slumped, pushing yields sharply higher, after hotter-than-expected inflation data and comments from a key Federal Reserve official fueled bets that the central bank would need to deliver more aggressive interest rate hikes to cool inflation.
Business & Economy
Thinktank Niesr says timid rate rise last week likely to make inflation more persistent feature of UK economy
The bank attributed the higher rate of people struggling to inflation and rising interest rates.
Labor’s tax changes, along with high interest rates and falling prices, are now hitting the property market. But one sector is showing surprising growth.
The US president’s demands for falling interest rates are going to be ignored when the Federal Reserve responds to last month’s hotter-than-expected inflation rate.
Macquarie Bank has admitted to failures in the promotion of its "welcome" interest rate for new savings account customers.
Not all home owners are affected in the same way by five increases in interest rates this year so far, new analysis shows.
Labor’s tax changes, along with high interest rates and falling prices, are now hitting the property market. But one sector is showing surprising growth.
Not all home owners are affected in the same way by five increases in interest rates this year so far, new analysis shows.
World News
While higher interest rates are chasing many investors away from real estate, Bridgepoint Group sees opportunity in overlooked corners of the property market.
Business & Economy
The report comes at a critical juncture for the Federal Reserve as it considers its next move regarding interest rates.
Property & Real Estate
Investors have fled the market in the face of successive interest rates this year and as Labor’s changes to property tax concessions choke off buyer demand.
Business & Economy
To limit the inflationary and interest rate impact, governments should be cutting unproductive spending to make space for the private sector’s AI splurge