Treasurer launches RBA review, Suncorp Bank to be sold to ANZ, the RBA governor signals a boost in productivity is needed, industry welcomes RLO certainty, ANZ tips cash rate to pass 3%.
The terms of reference for the RBA Review have been outlined by the Federal Treasurer, focusing on inflation targets, mandates, culture, and board make up.
Members of the banking and broking industry have welcomed the Assistant Treasurer's confirmation that responsible lending obligations will not be repealed.
The major bank has revised its cash rate forecast, now expecting the Reserve Bank to hike rates to 3.35 per cent by November.
Kate Aubrey is the senior content producer of Momentum Media's mortgages titles: The Adviser and Mortgage Business.
Prior to joining Momentum Media, Kate covered regional and breaking news for ABC Radio for more than three years.
She has a Master of Arts in Journalism from the University of Melbourne and a Bachelor of International Business and Business Management from Griffith University.
Email Kate at: This email address is being protected from spambots. You need JavaScript enabled to view it.
Two major banks have pushed back the timeline for the first rate cut.
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