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$350bn fixed loan credit ‘rolling off’ to variable: RBA
The central bank has said it expects about half of all outstanding fixed loan debt to change to variable rates in 2023.
ECONOMY • Wed, 01 Feb 2023
Robodebt royal commission unearths mortgage impact
The royal commission has urged those impacted by ‘Robodebt’ to lodge submissions before the 3 February final deadline.
REGULATION • Mon, 30 Jan 2023
NSW updates FHB scheme to include domestic violence victims
Domestic Violence NSW is embracing pre-election bipartisan plans to help ‘survivors’ become first home buyers, chief executive Delia Donovan has said.
PROPERTY • Mon, 30 Jan 2023
Housing barrier impacting NSW skilled worker demand
Housing hurdles have been highlighted in Business NSW’s pre-election push for ‘doubled’ skilled migration intake.
ECONOMY • Mon, 30 Jan 2023
RBA appoints new head of domestic markets
The central bank has announced a new role for its deputy secretary, effective 6 February.
Mortgage stress hits 10-year high: Roy Morgan
The current rising rate environment has put 23.9 per cent of mortgage holders now “at risk” of stress, Roy Morgan research has confirmed.
PROPERTY • Sun, 29 Jan 2023
Inflation hits new 33-year high
Annual CPI hit its highest level since 1990, the latest ABS figures have confirmed.
ECONOMY • Wed, 25 Jan 2023
Gambling ‘false hope’ for mortgage shortfall, flags Costello
To what extent is gambling affecting loan repayments? That’s “a really good question,” said anti-gambling campaigner, the Reverend Tim Costello.
ECONOMY • Tue, 24 Jan 2023
Home-related spending weak as ‘money tighter’: ANZ
Annual ‘discretionary’ spending on services grew, but goods purchases were down, ANZ-observed spending to 21 January has recorded.
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