Australia's central bank announced it's cutting its cash rate by 0.25%, bringing it down to 4.1%.
It is reported that major mortgage lenders around Australia quickly followed this afternoon by announcing their interest rates would be lowered by the same amount.
The Reserve Bank board justified its decision by saying inflation was falling "a little more quickly than expected", but it remains cautious in the short term, describing the labou...

You're invited to find out how ethical investing performs by joining us for a dumpling masterclass and panel discussion this Friday, February 7.
Moomoo users across Sydney are invited to a masterclass on ethical investing (and dumpling making) this Friday – as moomoo and OzHarvest join forces.
Our market strategist Jessica Amir will lead a discussion on the trends and performance of ethical investing, providing practical tips on how ...

Coffee prices are on the way up. The commodity is heading back to its 2011 high, which means you'll likely be paying more for your morning jolt.
Weather conditions in coffee bean producing markets such as Brazil is being blamed for a shortage, while demand keeps soaring.
"Aussies will be paying a lot more for coffee over the coming weeks, months and year. That's because coffee prices of arabica coffee beans hit a new 13-year high. Prices are u...