Scientists have unearthed 17 “exceptionally rare” teeth from a giant herbivorous dinosaur that roamed Australia millions of years ago. The teeth were discovered near the western Queensland town of Winton, which paleontologists believe around 96 million years ago was the edge of an inland ocean. Several partial...
The Australian share market has finished slightly higher ahead of some key risk events. The benchmark S&P/ASX200 index finished up 15.3 points, 0.23 per cent, to 6,621.6 on Wednesday, while the All Ordinaries closed up 21 points, or 0.31 per cent, at 6,807.8. The Australian dollar recovered...
Three of the big four banks have raised their variable home loan rates following the central bank’s decision to lift the official cash rate. Commonwealth Bank, NAB and ANZ have all moved on Wednesday to raise their rates by 0.5 per cent. The Reserve Bank of Australia...
Annual growth in rent has hit a 14-year high as home buyers face rising interest rates. The Reserve Bank on Tuesday announced a third hike in the cash rate in as many months, taking it to 1.35 per cent. The 50 basis point rise – the third...
Australians will have to dig a little deeper in their pockets after the Reserve Bank hiked the cash rate to 1.35 per cent. RateCity estimates the 50 basis point rise – the third hike in three months – will add $137 a month to a $500,000...
Treasurer Jim Chalmers says neither his department nor the Reserve Bank are forecasting a recession for Australia. A number of economists have suggested lower house prices, a drop-off in dwelling investment and a range of global pressures will bring the economy close to recession in 2023. Dr...