business

With two Australian banks cutting fixed home loan rates, there is a ray of hope that the cycle of interest rate hikes has peaked and borrowing costs may be lower down the track — another sign the pace of economic change has moved into overdrive. Source link

Australians felt a greater sense of satisfaction during the COVID-19 pandemic than they do today, according to government data, when households are grappling with the impact of inflation, rising interest rates and a reduction in real wages.  Source link

The Australian dollar falls to its lowest level in over two months, just over 70 cents to the US dollar, amid a renewed surge in the greenback as global interest rates, including US interest rates, rise. Source link

Anthropic wants caution as AI intelligence surges but the stock market can’t get enough.  Source link

Australian travellers are being left out of pocket and fearful their personal data has been stolen, amid growing concerns over the security of online travel bookings.  Source link

Brent crude has dropped almost 3 per cent overnight, while the ASX is set to trade up today. Follow the day’s events and insights as they happen with our business reporters on the ABC News live markets blog. Source link

Emissions are at their lowest point since the COVID pandemic shut down the economy, dropping 2.1 per cent over the year to December 2025. Source link

The Reserve Bank is distancing itself from KPMG with Governor Michele Bullock confirming the bank will re-tender its whistleblower hotline service. Source link

RBA governor Michele Bullock says she is not concerned about stagflation or a wage-price spiral Source link

An independent expert has urged Australia to “make sure that things are done properly”, while Woodside pushed back against her involvement. Source link