Business Daily Media

.

RBA warns of at least 2 more interest rate rises in coming months, as the economic outlook worsens

  • Written by Peter Martin, Visiting Fellow, Crawford School of Public Policy, Australian National University
RBA warns of at least 2 more interest rate rises in coming months, as the economic outlook worsensReserve Bank Governor Philip Lowe.Lukas Coch/AAP

Australia’s cash rate has hit 3.35%, after the Reserve Bank raised interest rates for the ninth time in a row – and signalled more interest rate pain ahead. The 0.25 percentage point rise adds A$90 a month to a $600,000 variable mortgage.

Ahead of Tuesday’s statement from the Reserve...

Business Reports

Deputy appoints Silvija Martincevic as global CEO

Deputy appoints new global CEO Silvija Martincevic after reaching $100M in annual recurring revenue Company prepares for its next phase of growth and focuses on scaling internationally Deputy, the shift management plat...

Why you need an Angel Investor as a female founder and where to find one

As a woman founder who grew a business for 10 years before selling it to investors, I know firsthand the importance of finding your ‘Angel’ to take your business to the next level. Angel investors are so important in the sta...

Rakuten Advertising Names Neil Cao as Commercial Director of China

The new Commercial Director will lead Rakuten Advertising’s business and commercial strategies in the country Australia, February 8, 2023: Performance advertising company Rakuten Advertising today announced the appointme...