Economy

ANALYSIS: The Bank of England became one of the first major economies to increase rates since the pandemic first hit, but will Australia do the same?

There have been 116,684 capital city auctions held over the 2021 year to date, overtaking 2017 as the busiest auction year on record.

The federal government will reduce rates on the Pension Loans Scheme and rebrand the initiative from next year.

The new figures also reflect an almost 60 per cent boom compared to this time in 2019, according to new PropTrack data.

An industry poll has been launched to understand the key issues impacting mortgage and finance industry professionals leading up to the 2022 federal election.

The market research firm has estimated a historic low level of 15.8 per cent of borrowers were at risk of mortgage stress during the September quarter.

Several lenders, including major banks, have offered loan repayment relief and fee waivers for NSW and Queensland residents impacted by flooding.

Queensland recorded the largest number of interstate arrivals out of all states during the first 12 months of COVID-19, according to a new report.

National housing affordability took a greater slide in the three months to August, with an index recording a 15.6 per cent annual fall.

The founding chair of the Women’s Leadership Institute Australia has been reappointed to the RBA board for a second five-year term.