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Economy

Cash rate decision announced

The Reserve Bank has revealed its cash rate verdict for September, following its monthly board meeting.

Cash rate decision announced
Credit curbs in sight as housing rebound accelerates

Regulators could consider a fresh round of macro-prudential measures to keep debt levels at bay, according to one analyst, amid the growing possibility of a “V-shaped” recovery in the ...

Tim Lawless
BOQ announces resignation of interim CEO

The non-major has announced changes to the bank’s leadership transition plans, following the resignation of its acting chief executive.

Anthony Rose
3 of the big 4 report mortgage book contractions

APRA has released a revamped version of its monthly banking statistics, reporting mortgage portfolio contractions of approximately $2.7 billion across three of the major banks.

NAB CBA Westpac ANZ
YBR secures RMBS warehouse facility

Yellow Brick Road has announced that it has secured a $120-million residential mortgage-backed securities securitisation warehouse facility as it continues its focus on mortgages.

YBR secures RMBS warehouse facility
Apartments drive 9.7% decline in building approvals

The number of dwellings approved in July contracted by 9.7 per cent over the month and 28.5 per cent over the year, new data from the Australian Bureau of Statistics has shown. 

Apartment building in construction
Climate change key in home-buying process

Climate change has become an important consideration in the property process, with more buyers assessing its potential impact before locking in their desired home.

Climate change
Negative interest rates ‘only a matter of time’

Financial markets are increasingly expecting the Australian cash rate to slip into negative territory, according to the chief economist of a global investment firm.

Su-Lin Ong
Federal election created ‘distortion’ in home sales: HIA

The federal election in May this year created a “distortion” in home sales, according to the chief economist of HIA, who noted that the recent quarterly improvement in sales is not ...

House for sale
Rising mortgage debt undermining role of home ownership

Concerns about rising mortgage debt among Australians aged 55-plus have been mounting, with a new report stating that loan balances have ballooned by 600 per cent since the late 1980s.

House property
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