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2 result(s) for “Interest Rates”

Business & Economy · Oct 4, 2026

Treasurer warns of mounting global pressure, signals a hard look at spending ahead of mid year update

Treasurer Jim Chalmers told business audiences on October 4 that global shocks, rising bond yields and higher fuel costs are imposing ‘‘very substantial and intensifying’’ pressure on Australia’s budget, and he signalled a savings package to be announced in the government’s mid year economic and fiscal update.

Business & Economy · Sep 17, 2026

Oil Above $100 and Higher Interest Rates Put Global Economy Under New Pressure

Rising oil and gas prices are colliding with higher borrowing costs across major economies, creating a difficult combination for households, businesses and central banks as concerns about persistent inflation and weaker growth return.