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RBA flags 'significant uncertainties' in economic outlook
3 October 2023

The Reserve Bank has made its cash rate decision for October, with the board flagging some major uncertainties in the future of the economy.

Economists forecast a cash rate hold in October
3 October 2023

Economists have predicted that the central bank will continue to hold interest rates steady at today’s October monetary policy meeting.

Start-up fintech launches deposit loan offering 
3 October 2023

The fintech has released a deposit loan product that aims to help aspiring home buyers secure a mortgage without the full deposit.

BOQ reveals redundancy costs ahead of FY23 results 
3 October 2023

The non-major bank has disclosed $79 million of costs impacting its financial reporting, including restructuring and redundancy costs.

Chalmers denies allegations of ‘radical change’ at RBA
2 October 2023

Jim Chalmers has denied allegations of “radical change” to the composition of the RBA board.

Mutual bank reports record loan book growth
2 October 2023

The Tasmania-based lender has attributed its growth to the state’s “continuing demand in housing”.

Macquarie welcomes former big 4 CIO to board
2 October 2023

The non-major bank has appointed a former CBA CIO as one of its three independent directors.

Weakest demand for credit since 2005: ABS
29 September 2023

Credit demand has reached its lowest point in over a decade, the Australian Bureau of Statistics has confirmed.

Investor sales expected to rise by 2024
29 September 2023

A property researcher has predicted an increase in investor and first-time home buyer purchases early next year, highlighting an opportunity for brokers.

Young Queenslanders still gunning for home ownership: RACQ Bank
29 September 2023

Queensland’s younger home owner hopefuls are still chasing the dream of home ownership despite economic headwinds, new research has found.

Suncorp Group confident of bank sale by mid-2024
28 September 2023

Suncorp Group anticipates that approvals regarding its bank sale to ANZ will be determined by early next year.

Declining vacant land sales deepen housing supply challenges
28 September 2023

Vacant residential land sales have fallen across the eastern states in the financial year 2023, exacerbating the housing crisis in the eastern states, as demand outpaces supply.

N1H looks to expand funding after ‘profitable’ 2023
28 September 2023

The lending group’s “overarching goal” is to strengthen and grow its balance sheet, according to its newly released annual report.

August CPI fulfils market expectations
27 September 2023

The monthly CPI indicator for August rose from July, however, annual trimmed mean inflation remained stable, the ABS has revealed.

Monthly CPI expected to return above 5%: Economists
27 September 2023

Bank economists have weighed in on their expectations on the upcoming monthly CPI data for August.