Making news this week (week ending 6 May)

You can read the full stories here: 

‘Now was the right time’: RBA raises cash rate

Reserve Bank governor Philip Lowe has flagged more cash rate lifts are on the way, after the first in more than 10 years took place on Tuesday (3 May).

ANZ confident its borrowers can afford rate rises

The majority of ANZ borrowers will be able to manage a rising interest rate environment, the CEO of the major bank has said while announcing the group's half-year results.

NAB enters enforceable undertaking over anti-money laundering controls

NAB has started calculating how much its enforceable undertaking will cost, after an AUSTRAC investigation found issues in the bank’s systems and controls.

Surging inflation to eat into housing market: CoreLogic?

Amid a peak in inflation and a looming cash rate rise, mortgage demand and house prices are tipped to slide earlier than expected.

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.