Powered by MOMENTUM MEDIA
Mortgage business logo

Economy

Cash rate still heading south despite upbeat RBA: AMP

The Reserve Bank will proceed with its monetary policy easing strategy despite maintaining a “surprisingly” positive outlook for economic growth, according to one economist.

Shane Oliver
ACCC publishes CDR rules

The competition watchdog has published the framework governing the consumer data right, which includes rules around the sharing of interest rates, fees and charges and eligibility criteria ...

ACCC publishes CDR rules
Housing construction recovery ‘not far off’

Total dwelling building approvals across the nation fell by 0.2 per cent in December. However, market indicators suggest the recovery for residential construction is “not far off”.

Housing construction recovery
Holiday season lull lingers over auction volumes

Auction volumes and clearance rates are off to a slow start, with just 65.5 per cent of homes taken to auction clearing, new data has shown.

Holiday season lull lingers over auction volumes
RBA reveals cash rate decision - Feb 2020

The Reserve Bank has made its first cash rate decision for the new decade.

RBA reveals cash rate decision - Feb 2020
Cash rate decision announced

The Reserve Bank of Australia has announced its first rate decision for the year 2020.

Cash rate decision announced
Neobank offers multiple accounts for savers

Neobank 86 400 has launched three new savings accounts, each earning a maximum interest rate of 2.25 per cent for balances up to a combined $300,000.

Neobank offers multiple accounts for savers
Credit reporting changes to come into effect

Borrowers involved in past civil court proceedings will see their credit score improve as of 14 February, due to changes made to the Credit Reporting Code.

Credit reporting changes to come into effect
New credit crackdown in sight amid RBA-fuelled rebound

The housing market’s sensitivity to the RBA’s easing strategy could trigger a new wave of lending restrictions from APRA, with more interest rate cuts on the way, according to ING Economics

Robert Carnell
APRA outlines key strategic priorities for 2020

The prudential regulator has listed its policy and supervisory priorities for the coming months, which includes an “increased focus” on “resolution and recovery planning” to maintain ...

APRA
brokerpulse logo

 

Join Australia's most informed brokers

Do you know which lenders are providing brokers and their customers with the best service?

Use this monthly data to make informed decisions about which lenders to use. Simply contribute to the survey and we'll send you the results directly to your inbox - completely free!

brokerpulse graph