Fabian Cotter

Cash rate hike speed ‘doesn’t matter much’, says RBA

The central bank says it’s the level of cash rate — not the speed it’s achieved — that matters, Australian senators have heard.

ECONOMY • Sun, 19 Feb 2023

Pepper Money raises 1st $1bn RMBS for 2023

Pepper Money has started its RMBS pricing strategy strongly this year, the non-bank lender has reported.

LENDER • Sun, 19 Feb 2023

Risks to financial stability ‘are contained’, APRA suggests

Australians can “have confidence” in the financial system as ‘clouds loom’, regulator APRA has assured.

ECONOMY • Thu, 16 Feb 2023

Australian debt hotline flags ‘call for help’ surge: FCA

There are now ‘broad concerns’ over increasing distress calls from mortgage holders, a national debt helpline has confirmed.

PROPERTY • Thu, 16 Feb 2023

RBA not intent on ‘smashing Australia’ into recession: Lowe

RBA governor Mr Philip Lowe has defended the central bank’s tactics to ‘navigate the narrow path’, a senate committee has heard.

ECONOMY • Wed, 15 Feb 2023

QLD property included in bolstered debt-recovery measures

New debt collection laws could see high-value debtors lose their homes, the Queensland government has confirmed.

PROPERTY • Tue, 14 Feb 2023

Aussies’ spending decline starts as fixed mortgage cliff nears

West Australians are spending significantly less in the new year thus far, latest Bankwest data has revealed.

ECONOMY • Mon, 13 Feb 2023

2–3% CPI target band not until June 2025: RBA

The RBA has given more background to factors affecting its ideal inflation target, going forward.

ECONOMY • Sun, 12 Feb 2023

Non-major banks pass on February rate hike

Home loan and savings rates continue being adjusted after the latest 25-bp cash rate rise, non-major banks have announced.

LENDER • Sun, 12 Feb 2023