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Falling interest rates are scaring Australians, with confidence falling to a four-year low – and it's mortgagees who are the most spooked

Falling interest rates are scaring Australians, with confidence falling to a four-year low – and it's mortgagees who are the most spooked

The RBA cuts are more a trick than a treat. (Photo by Tim Boyle, Newsmakers) Australian confidence in the economy has hit its lowest point since July 2015, according to the latest Westpac consumer sentiment survey. Confidence plummeted 5.5% in October, above and beyond the forecast 0.3% decline, after the RBA cut the official interest rate again. Commonwealth

DANGEROUSLY EXPOSED: Graph exposes ‘risky’ gamble for Australia

DANGEROUSLY EXPOSED: Graph exposes ‘risky’ gamble for Australia

Australia's economic growth has plunged to the lowest level since the GFC in 2009. Interest rates are at record lows, despite unemployment being at fairly average levels, and the number of employed people growing strongly. This is unusual. It creates the vague sense that something is not right. If an actual economic crisis arrives, this uneasy feeling

A massive housing bubble could form if Australia pulls the trigger on negative interest rates and quantitative easing, analysts warn

A massive housing bubble could form if Australia pulls the trigger on negative interest rates and quantitative easing, analysts warn

The last thing Australia needs. (Photo by Christopher Furlong,Getty Images) RBA governor Philip Lowe may have largely endorsed the use of negative interest rates and quantitative easing (QE) , but some analysts warn they could have seriously negative effects in Australia. QE could help artificially pump up house prices , creating a housing bubble as

The RBA has just revealed what it needs to unleash quantitative easing and negative interest rates in Australia for the first time

The RBA has just revealed what it needs to unleash quantitative easing and negative interest rates in Australia for the first time

Getty The RBA could unleash some unpredictable policies on the Australian economy. Australia could face unprecedented measures like negative interest rates and quantitative easing (QE) in a desperate attempt to kickstart the economy, after the Reserve Bank governor Philip Lowe endorsed both in a new report on Tuesday. Prepared for an international

Fast News: Today’s top stories

Fast News: Today’s top stories

Australian cities swarmed by Extinction Rebellion climate change protestors, an expert calls for a slow down to the super rise, and the big four are laughing all the way to the bank by not passing on RBA rate cuts to customers.