Breakfast briefing: Without any cards, Trump does u-turn

Oil prices tumble even as Hormuz remains shut; US labour market expands; China holiday travel rises; global debt demand shifts away from US Treasuries; UST 10yr at 4.35%; gold jumps and oil falls; AU$1 = 72.3 USc

When your mortgage rate will go up

All the big five banks have said they will pass on the RBA's rate hike in full to borrowers with variable home loans. But there are differences from when that will apply

Tackling high inflation with a third straight rate hike

For a third consecutive time, the Australian central bank has added another 25 bps cash rate target hike to 4.35%, reversing all of of its cuts since February 2025

Up, up and away

Term deposit rates have raced past the 5 percent benchmark and even the largest bank is now offering north of that. Check our rate tables frequently to stay up with this fluid situation

CPI inflation rose 4.6% in the year to March 2026

Inflation jumps +4.6% in March, driven by petrol (8.9%), housing (6.5%), and food (3.1%)

Job security as big a factor as rising interest rates for borrowers 'at risk'

Risk of mortgage stress up 1.9% points in March after the Reserve Bank raised interest rates for second straight month: Roy Morgan

The AI risk we need to focus on

Lenny Mendonca & Martin Neil Baily see looming worker displacement from the march if AI as a greater challenge that systemic financial concerns

Should you be worried about Mythos?

Toby Walsh explains why the world’s banks are so worried about Anthropic’s latest AI model

Policymakers vs. the Iran war shock

Gene Frieda identifies the market signals that would imply a move from fear of inflation to fear of recession

The global AI threat as arrived

Alex Wang and Angela Huyue Zhang warn that Anthropic's Mythos model will make every country more vulnerable to economic disruption

How to think about selecting a TD term when rates are rising

With term deposit rate offers over five percent for terms as short as five months to as long as two years, we show how you can think about the best strategy for selecting what terms to select

Some 'critical' businesses offered interest-free loans to cope with oil crisis

Government rolls out an Economic Resilience Program aimed at supporting manufacturing and logistics businesses, with a focus on businesses operating in freight, fuel, fertiliser, and plastics critical supply chain sectors

Want to save between $100 to $400 each month on your home loan?

In a rising market, there is an effective way to avoid your mortgage becoming more expensive. Fixing now, even if the current rate is higher than what you are paying now, will insulate you from further almost-certain future rises

From anxiety to action: Helping Australians to plan for their financial future

A new ASIC tool shows how much income you could have in retirement from your superannuation, the Age Pension and other income sources. And explore how different scenarios could affect your income over time

A crude shock, surcharges may change expectations

After a materially bigger and more persistent shock, March and April headline CPI is set to surge, driving core inflation higher for longer

More banks bid for your savings account balances with higher rates

Savers who actively seek better rates will find there are some great options from many banks who really want your business and are prepared to offer higher rates

Out in front and pulling away

February deposit flow analysis of APRA data shows one bank still hoovering up market share, and at an increasing rate. They raised their offer rates further today too