The 25-year-old says the financial pressure of owning a home as five interest rate hikes hit takes a toll.
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.
Macquarie Bank has admitted to failures in the promotion of its "welcome" interest rate for new savings account customers.
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.
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.
ANZ boss Nuno Matos says he sees a "dangerous situation" of rising rates and frothy equity markets.
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
The bank attributed the higher rate of people struggling to inflation and rising interest rates.
Unit values outperform houses in most capital cities as rising interest rates shrink borrowing power and reshape demand.
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.
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