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Unemployment falls to 3 6 per cent, participation rate sets new record high as another interest rate hike looms

Unemployment fell to 3.6 per cent in May as the number of Australians with a job topped 14 million for the first time, but the hot labour market is likely to push the Reserve Bank to raise interest rates further next month.

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APRA urged to remove 3% buffer on mortgage refinancings

APRA urged to remove 3% buffer on mortgage refinancings
macrobusiness.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from macrobusiness.com.au Daily Mail and Mail on Sunday newspapers.

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The three rules that make Australia s banks the strongest in the world

Regulators have gone beyond global banking regulatory requirements in several important areas, which has paid off in the weeks of turmoil after the failure of SVB.

United statesUnited kingdomMatt comynJon mottJames thomsonPeter raeJanet yellenEuropean central bank christine lagardeSilicon valley bankMorgan stanleyNorthern rock building societyCommonwealth bankCouncil of financial regulators onCredit suisseLike the reserve bankSecretary janet yellen

Global Volatility Underlines Challenges for Budget: Opinion Piece

Global Volatility Underlines Challenges for Budget: Opinion Piece
miragenews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from miragenews.com Daily Mail and Mail on Sunday newspapers.

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What Australians are really making when they sell their home after two years

Australians who sell after just two years are typically making a six-figure profit with close to 100 per cent of houses sold for a profit in one part of Victoria. But apartment sellers in the big cities aren t so lucky.

New south walesWestern australiaSouth brisbaneGold coastEliza owenInternational monetary fundAustralian prudential regulation authorityCouncil of financial regulators onCouncil of financialFinancial regulatorsReserve bankSydney olympic parkFortitude valleyJosh frydenbergFirst home loan deposit