HMRC letter could land 1.4m with 'surprise' £641 bill
More than 1.4 million basic rate taxpayers in the UK are facing an average £641 tax bill on savings interest due to rising taxation, according to new HMRC data.
Australia news live: attorneys general to meet to discuss antisemitism and online hate; cheaper mortgages push up cash rate, RBA says
Australia’s state and federal attorneys general are meeting to address rising antisemitism and online hate in a concerted effort to reinforce protections against discrimination and hate speech.
Reserve Bank could hike cash rate twice in 2026 as Australia’s inflation stays stubbornly high
Australia's Reserve Bank is projected to raise interest rates twice in 2026 due to persistent inflation, with January figures revealing a 3.8% rate driven by increasing electricity costs.
Australian banks passed interest rate hikes on to mortgage holders – so why haven’t they done so for savings accounts?
Following a cash rate increase by the Reserve Bank, major Australian banks have raised mortgage interest rates but have delayed adjustments for savings accounts, prompting questions from customers about the inconsistency.
Breaking: Big banks respond to RBA's interest rate hike
Australia's major banks, including Commonwealth Bank, are raising interest rates following the Reserve Bank of Australia's increase in the cash rate to 3.85 percent, marking the first hike in four years.
Afternoon Update: RBA hikes cash rate; Ley’s Coalition peace proposal; and Mark of Cain singer comes out as trans
The Reserve Bank of Australia raises the cash rate to 3.85% for the first time in over two years, amid rising inflation, impacting home loan repayments while political tensions rise in question time.
Interest rates: RBA concedes hike to 3.85% is ‘not the news mortgage holders want to hear’ – video
The governor of the Reserve Bank of Australia, Michele Bullock, expresses understanding for mortgage holders while justifying the decision to raise the cash rate to 3.85% for the first time in over two years.
RBA interest rates decision: Reserve Bank increases cash rate to 3.85% in blow to mortgage holders
The Reserve Bank of Australia has raised its cash rate to 3.85% for the first time in over two years, significantly impacting mortgage holders amid concerns over rising inflation.
RBA lifts interest rates by 0.25pc as inflation rises
The Reserve Bank of Australia has increased interest rates by 0.25 percentage points to combat rising inflation, bringing the cash rate to 3.85 percent.
Most experts think the RBA will hike the cash rate. Here’s why they may be wrong
While a consensus suggests the Reserve Bank of Australia will raise the cash rate, some experts believe it could be a mistake that might harm economic recovery.