Economy

Australian property market: ‘Finally hit the wall’
27 April 2022
Australian property market: ‘Finally hit the wall’

Home loan activity declined sharply over February, driven by the significant falls in affordability as a consequence of booming house prices.

Rate hike forecasts continue to shift
26 April 2022
Rate hike forecasts continue to shift

Economists are yet again tweaking their cash rate forecasts, ahead of CPI data being released this week.

Making news this week (week ending 22 April)
22 April 2022
Making news this week (week ending 22 April)

Discover some of the top news stories impacting the mortgages space in this wrap-up for the week ending 22 April   You can read the full stories here:  Government boosts max property ...

March quarter shows housing sentiment steady: NAB
22 April 2022
March quarter shows housing sentiment steady: NAB

Growing rents and slowing house price growth keep housing sentiment steady in Australia, NAB property survey reveals.

2022 sees home buyers ‘return to the capitals’
21 April 2022
2022 sees home buyers ‘return to the capitals’

With the relaxing of COVID restrictions this year, property sale settlements saw a return to the cities, with most regional areas losing ground, according to PEXA.

Time to fix rates or risk mortgage stress, report warns
20 April 2022
Time to fix rates or risk mortgage stress, report warns

Research has found that 584,000 mortgage holders were at risk of mortgage stress at the end of 2021, a “record low” due to government intervention.

High schools urged to reform financial literacy approach
19 April 2022
High schools urged to reform financial literacy approach

New research has found Australian schools’ current approach to financial literacy is failing teenage girls and that it should be expanded outside of maths and business.

Looming rate rises knock borrower confidence: Westpac
14 April 2022
Looming rate rises knock borrower confidence: Westpac

A survey from the major bank has shown confidence among mortgage holders dipped by 9.2 per cent over April, amid concerns over the cash rate.

Last day to respond to mortgage industry election poll
13 April 2022
Last day to respond to mortgage industry election poll

As the country heads to the polls on 21 May, mortgage industry participants are being asked to share their thoughts on the issues that matter most to them.

Labor leader acknowledges cash rate/unemployment ‘mistake’
12 April 2022
Labor leader acknowledges cash rate/unemployment ‘mistake’

Opposition Leader Anthony Albanese has conceded he “made a mistake” after being unable to recall the correct cash rate or unemployment rate.