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Shock RBA move on rates
The Reserve Bank of Australia has stunned industry pundits with the decision of today’s monthly board meeting.
ECONOMY • Tue, 04 Apr 2017
Surprise RBA decision on rates
RBA tipped to hold rates today - April 2017
The Reserve Bank is likely to keep the official cost of borrowing at its record low of 1.5 per cent when it meets today, according to a chief economist and a property ...
ECONOMY • Mon, 03 Apr 2017
Bank profits down 6% in ‘intensely competitive market’
Low interest rates and a “rapidly changing” operating environment contributed to a 6 per cent drop in the Bank of Queensland’s profits for the first half of the 2017 ...
ECONOMY • Thu, 30 Mar 2017
RBA: Funding costs ‘little changed’ since mid-2016
Banks’ funding costs have remained quite stable since the middle of last year, according to a Reserve Bank economist.
ECONOMY • Wed, 29 Mar 2017
Analysis: APRA action and bank rate hikes
In the past week, the industry has seen a flurry of mortgage rate increases from big banks and non-major lenders alike. So, what does this mean for investor lending and ...
LENDER • Tue, 28 Mar 2017
Home renovations set to boom
A recent report by a housing industry body has predicted that home renovations will become an increasingly important part of the residential building industry over the ...
ECONOMY • Sun, 26 Mar 2017
Home loan arrears climb 19% year-on-year
A global ratings agency has revealed that the percentage of Australian mortgages in arrears increased at the end of the fourth quarter last year.
ECONOMY • Wed, 22 Mar 2017
Home ownership ‘beyond reach of a whole generation’
Unaffordable housing is leading to a permanent shift in property ownership, say senior economists from BIS Oxford Economics, and indeed several mortgage professionals ...
ECONOMY • Sun, 19 Mar 2017
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