Economy

Sod turned for Quest Penrith

Thornton Estate in Penrith will be given a brand new hotel with construction officially commencing today, Friday, March 3. The development of Quest Penrith is...

RBA cuts interest rates again

Interest rates have been cut for the second straight month.

Borrowing power increased “overnight”

A recent APRA decision is set to see the average Aussie family having around $60,000 more borrowing power.

Mixed response as RBA cuts rates again

The Reserve Bank of Australia (RBA) has cut the official interest rate to 0.75 per cent in an effort to improve the state of...

Pollies outline Penrith’s recovery roadmap

Local, State and Federal representatives outline what they're doing to help Penrith through the recession.

RBA increases rates again; experts predict further rises to come

Mortgage holders have been dealt another blow with the Reserve Bank of Australia (RBA) increasing the official cash rate for a third consecutive month.

The cheque’s no longer in the mail: Payment method to be retired

Cheques will be phased out in Australia by 2030, the Federal Government has announced.