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Going up: Interest rates now look almost certain to rise again next week

Higher prices make rate rise 'almost certain' Video Photo

By Online business reporter Michael Janda

Posted January 27, 2010 11:39:00
Updated January 27, 2010 13:45:00

A slightly higher than expected increase in inflation has firmed expectations that the Reserve Bank will raise interest rates when it meets next week.

Tags: business-economics-and-finance, economic-trends, banking, international-financial-crisis, money-and-monetary-policy, australia

No surprise over expensive housing rank: UDIA

A representative body for Australia's urban development sector says it is not surprised Australia has been rated as having the most unaffordable housing market.

Tags: industry, housing, housing, australia

Shares dip on miners, banks and retailers

The Australian share market dipped as miners were hit by concerns about China's economy, while retailers fell on disappointing Woolworths sales figures.

Tags: business-economics-and-finance, finance-markets, stockmarket, currency-markets, australia, asia

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Last updated: Tuesday, January 26, 2010 7:15pm AEST