Finance minister touts Labor initiatives as interest rate call loomsMortgage holders across the country are hoping for welcome news today.2 min read

7NEWS08-11

Australian mortgage holders are expected to avoid another interest rate rise on Tuesday, but any meaningful relief remains out of reach for now.The Reserve Bank of Australia (RBA) is widely expected ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2658950162?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-08-11 00:00","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2658950162","market":"nz","top_or_hot":-1,"title":"Finance minister touts Labor initiatives as interest rate call loomsMortgage holders across the country are hoping for welcome news today.2 min read","media":"7NEWS","content":"<div>\n<p>Australian mortgage holders are expected to avoid another interest rate rise on Tuesday, but any meaningful relief remains out of reach for now.The Reserve Bank of Australia (RBA) is widely expected ...</p>\n\n<a href=\"https://7news.com.au/sunrise/finance-minister-touts-labor-initiatives-as-rba-tipped-to-hold-interest-rates-c-22704419\">Source Link</a>\n\n</div>\n","source":"7news_stock","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Finance minister touts Labor initiatives as interest rate call loomsMortgage holders across the country are hoping for welcome news today.2 min read</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nFinance minister touts Labor initiatives as interest rate call loomsMortgage holders across the country are hoping for welcome news today.2 min read\n</h2>\n\n<h4 class=\"meta\">\n\n\n2026-08-11 00:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://7news.com.au/sunrise/finance-minister-touts-labor-initiatives-as-rba-tipped-to-hold-interest-rates-c-22704419><strong>7NEWS</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Australian mortgage holders are expected to avoid another interest rate rise on Tuesday, but any meaningful relief remains out of reach for now.The Reserve Bank of Australia (RBA) is widely expected ...</p>\n\n<a href=\"https://7news.com.au/sunrise/finance-minister-touts-labor-initiatives-as-rba-tipped-to-hold-interest-rates-c-22704419\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU1815336091.USD","symbol_name":"THREADNEEDLE (LUX) GLOBAL SMALLER COMPANIES \"AUP\" (USD) INC","start_time":0,"source_url":"https://7news.com.au/sunrise/finance-minister-touts-labor-initiatives-as-rba-tipped-to-hold-interest-rates-c-22704419","article_id":"2658950162","we_media_id":null,"thumbnails":[],"rights":{"source":"7news_stock","url":"https://7news.com.au/sunrise/finance-minister-touts-labor-initiatives-as-rba-tipped-to-hold-interest-rates-c-22704419","rn_cache_url":null,"directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=2658950162","pubTimestamp":1786377600,"columns":[],"sourceInfo":{"source_id":"7news_stock","name":"7NEWS"},"weMediaInfo":null,"summary":"Australian mortgage holders are expected to avoid another interest rate rise on Tuesday, but any meaningful relief remains out of reach for now.The Reserve Bank of Australia (RBA) is widely expected t","collect":0,"end_time":0,"defaultTopTitle":"7news.com.au","property":[],"viewcount":null,"language":"en","relate_stocks":{"LU1815336091.USD":"THREADNEEDLE (LUX) GLOBAL SMALLER COMPANIES \"AUP\" (USD) INC","LU2098885051.SGD":"JPMorgan Funds - Multi-Manager Alternatives A (acc) SGD","CAOS":"ALPHA ARCHITECT TAIL RISK ETF","BK4137":"综合支持服务","LU0757428866.USD":"THREADNEEDLE (LUX) GLOBAL SMALLER COMPANIES \"AE\" (USD) ACC","LU1303367103.USD":"摩根大通多经理另类基金 A (acc)","RBA":"里奇兄弟拍卖"},"translate_title":"随着利率看涨期权迫在眉睫，财政部长吹捧劳工举措全国各地的抵押贷款持有人都希望今天能有好消息。阅读 2 分钟","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"RBA":1,"CAOS":1.5},"content_text":"Australian mortgage holders are expected to avoid another interest rate rise on Tuesday, but any meaningful relief remains out of reach for now.The Reserve Bank of Australia (RBA) is widely expected to leave the official cash rate unchanged when it hands down its latest decision, keeping borrowing costs at their current level as households continue to grapple with cost-of-living pressures. WATCH THE VIDEO ABOVE: Interest rate relief expected but may be briefKnow the news with the 7NEWS app: Download today ArrowThe anticipated hold follows a surprise easing in inflation, which fell from 4 per cent to 3.8 per cent. The RBA will closely consider the latest fall in inflation as it weighs the need to keep price pressures under control against the impact of higher borrowing costs on households. However, while the figures have taken some immediate pressure off the RBA to raise rates this time around, economists have warned borrowers are not out of the woods yet, with another hike considered likely before the end of the year.Such a move would push the official cash rate to an almost 15-year high and add further pressure to already stretched household budgets. Finance Minister Katie Gallagher told Sunrise on Tuesday the government has been working to ease the cost-of-living burden on Australian families. She noted inflation has moderated in recent months but warned international developments, including the war in the Middle East, continued to put pressure on Australia’s inflation figures. “We’ve been dealing with an inflation pressure in our economy for some time now, and this has been reflected and seen around the world,” Gallagher said.Be the first to know: Add 7NEWS as your preferred news source on Google“The steps the government’s taken have been to really try and do what we can to provide relief to households and families through Medicare, cheaper medicines, all of the investments we’ve made in energy bill relief and tax cuts to take some of the edge off those impacts.”Finance Minister Katie Gallagher said the government has been working to ease the cost-of-living burden on Australian families. Credit: Sunrise/AAPWhen asked about suggestions from economists that the RBA would be better off raising rates now rather than waiting until just before Christmas, Gallagher said most households would be hoping to avoid another increase altogether.“I’ll let the market have its own view ... Our job is to make sure that as a government we’re doing what we can to support the work of the Reserve Bank and to help households with those cost-of-living pressures,” she said.For borrowers, an expected hold today means repayments are unlikely to get any cheaper, but, the lack of a rise will surely be welcome news. Fierce clash as Labor defends falling house prices: ‘Good thing’2 min readPoliticians squabble over blame as rate hikes loom2 min read","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":false,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"isLaohu8Offline":false,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.47.1","shortVersion":"4.47.1","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2658950162","isCrawlerRequest":true}