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No excuses: RBA governor calls on banks to pass on full cut

The lower cash rate “should be fully passed through to variable mortgage rates”, Reserve Bank governor Philip Lowe has said, noting that banks have room to move following the fall in ...

No excuses: RBA governor calls on banks to pass on full cut
Metropolitan slump creeps into regional markets

While regional markets have not felt the full brunt of Australia’s housing slump, they were not immune to declines in sales activity, a new CoreLogic report has concluded.

Illawarra region in NSW
RBA announces ‘shock’ rate decision

The market has been caught off guard by the RBA’s cash rate decision.

RBA
RBA makes cash rate move

Mortgage rate cuts are on the cards after the Reserve Bank dropped the official cash rate for the first time in almost three years. 

RBA
New shadow cabinet appointed

The leader of the opposition has announced his shadow cabinet, which includes a reshuffling of the ministers in charge of finance, housing and small business.

New shadow cabinet appointed
91% of pundits expecting RBA cut

The Reserve Bank will drop the official cash rate today for the first time in almost three years, according to 91 per cent of analysts surveyed by Finder.

RBA
ME names new CFO

ME has appointed a new chief financial officer to replace Gary Dickson, who is departing after six years at the non-major bank.

ME Bank
Moody’s revises analysis of reverse mortgage risks

The ratings agency has outlined its new methodology for analysing reverse mortgage risks.

mortgagebusiness
Building sector won’t feel market buzz until 2020

The recent shift in market sentiment won’t flow through to the residential construction sector until 2020, according to BIS Oxford Economics, with building approvals continuing to decline

House under construction
Bendigo and Adelaide Bank appoints new chair

The non-major bank has announced the appointment of a new chair to replace long-serving chairman Robert Johanson.  

Jacqueline Hey
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