Wall Street sinks on inflation fears and surging interest rates

Wall Street sinks on inflation fears and surging interest rates

Updated May 16, 2018 08:22:18 Wall Street experienced its worst day in three weeks after a surge in interest rates sparked a wave of selling. Markets at 7:15am (AEST): ASX SPI 200 futures -0.1pc, ASX 200 (Tuesday close) -0.6pc to 6,098 AUD: 74.71 US cents, 55.29 British pence, 63.1 Euro …

Researchers find way to reduce rates of asthma in children by managing condition in expectant mums

Researchers find way to reduce rates of asthma in children by managing condition in expectant mums

Updated May 16, 2018 09:29:20 Photo: Vanessa Murphy and Joerg Mattes believe the study findings could have huge implications. (Supplied: Hunter Medical Research Institute) Related Story: Preschoolers whose asthma is well-treated have a better chance of outgrowing the condition Related Story: Preschoolers whose asthma is well-treated have a better chance …

Car buyers still at risk of excessive interest rates, ahead of ASIC ban on dealer ‘flex commissions’

Car buyers still at risk of excessive interest rates, ahead of ASIC ban on dealer ‘flex commissions’

Updated May 14, 2018 16:22:23 Would-be car buyers remain vulnerable to being hit with high interest rates on loans, despite new regulations designed to limit gouging by banks and dealers. Corporate regulator ASIC has found a widespread structure known as “flex commissions” leads to customers being hit with very high …

Yuendumu’s new higher learning centre aims to improve English and Warlpiri literacy rates

Yuendumu’s new higher learning centre aims to improve English and Warlpiri literacy rates

Posted May 13, 2018 15:53:00 Photo: Teacher Barbara Martin (left), reads with Kelly Napanangka Michael at the higher learning centre. (ABC News: Nick Hose) Related Story: ‘My burn grew bigger’: Remote NT community boycotting health clinic over patient mistreatment claims Related Story: In remote Aboriginal community, dogs are not just …

Reserve Bank keeps rates on hold for 19th consecutive meeting

Reserve Bank keeps rates on hold for 19th consecutive meeting

Posted May 01, 2018 14:30:15 The Reserve Bank has kept interest rates on hold at the historic low of 1.5 per cent for the 19th consecutive meeting. The decision was widely expected with the market pricing in a zero chance of rates moving. The RBA last moved in August 2016 …

Victorian councils expected to raise rates as China recycling crisis takes hold

Victorian councils expected to raise rates as China recycling crisis takes hold

Posted April 21, 2018 06:44:03 Photo: The Municipal Association of Victoria expects homeowners to pay an extra $60. (ABC News: Matthew Roberts) Related Story: Local councils struggling to find solution to China recycling ban Victorian homeowners will ultimately bear the brunt of China’s decision to ban foreign waste, with the …

RBA warns a sharp rise in interest rates could lead to disruptive and lasting market corrections

RBA warns a sharp rise in interest rates could lead to disruptive and lasting market corrections

Posted April 13, 2018 12:47:04 Photo: RBA says Australia’s financial system remains “resilient”, but raises concerns about household debt levels. (AAP: Glenn Hunt) Record low interest rates, accelerating asset prices and a growing appetite for risk could be laying the groundwork for a sharp correction across financial markets, the Reserve …

Mortgage rates could rise on back of high global rates

Mortgage rates could rise on back of high global rates

Updated April 09, 2018 10:25:13 As record runs go, it barely raised an eyebrow. When there’s so much happening — cricket scandals, trade wars and the potential for military action — ongoing inaction generally isn’t a celebrated event. Last Tuesday, the Reserve Bank of Australia distinguished itself for equalling its …

Asthma linked to higher rates of bone fractures, especially for boys, new study finds

Asthma linked to higher rates of bone fractures, especially for boys, new study finds

Updated April 04, 2018 18:14:23 Photo: One in seven children have asthma, and now it’s linked to broken bones. (ABC News) A major Australian study has found a link between asthma in children and bone fractures, but it affects boys more than girls. One in seven children have asthma, which …

RBA keeps interest rates on hold for a record equalling 18th meeting

RBA keeps interest rates on hold for a record equalling 18th meeting

Posted April 03, 2018 14:30:09 The Reserve Bank has kept official interest rates on hold at the record low of 1.5 per cent. It is the 18th consecutive board meeting where the RBA has not budged from its emergency setting. The non-move equals the previous longest stint without rates changing …