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RBA Lifts Cash Rate to 4.60% on September 29, Highest Since 2011
RBA raises cash rate to 4.60%, highest since 2011, citing elevated inflation from energy prices and AI demand. Mortgage holders face higher repayments; savers may see improved rates.
Paramount-Warner Bros. $111B Merger Clears Final Legal Hurdle on September 29
Paramount Skydance settles $111 billion Warner Bros. merger antitrust case with 12 states. Judge must still approve the deal. Paramount faces film distribution and spending commitments.
RBA Hikes Cash Rate to 4.60% on September 29, Highest Since 2011
RBA raises cash rate to 4.60%, the highest in 15 years. Fourth hike of 2026 adds $100 monthly to $700k mortgages. Markets price 60% chance of sixth hike by mid-2027.
PS5 Pro Japan Pre-Orders Open September 28 at ¥137,980
Sony Japan launches PS5 Pro pre-orders at ¥137,980 on September 28. Buyers must have 60+ hours of PS4/PS5 gameplay in the past two years. Lottery system if demand exceeds stock.
Bank Strike Deferred After IBA-UFBU Talks; Five-Day Week Demand Pending
Bank unions in India deferred a three-day strike scheduled for September 28-30 after talks with the IBA. A joint committee will examine the five-day work week demand and PLI scheme changes.
First Home Buyers Face $11,200 Borrowing Hit as RBA Hikes Rates to 15-Year High
RBA rate hike on September 29 will cut first home buyer borrowing capacity by $11,200 and add $107-$152 monthly to mortgage repayments. Canstar analysis shows cumulative 2026 reduction of $47,400.
Stock Market Slides as Oil Spikes and AI Safety Concerns Mount
Stock markets slide worldwide as oil climbs on US-Iran deadlock and AI safety worries. Brent crude near $108, Treasury yields elevated, emerging markets hit hardest.
German Pensions Set to Rise 4.4% to 4.7% in July 2027
German pensions expected to rise 4.4% to 4.7% on July 1, 2027. A retiree earning 1,500 euros monthly could gain 66 to 70 euros. The increase follows rising wages and requires no application.
Card surcharges banned from October 1: What Australians will pay instead
From October 1, Australian businesses can no longer charge card surcharges. Shoppers may see hidden price rises, while banks cut credit card rewards and increase fees.