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Economy

Major bank shifts rate call
12 June 2024

The major bank has cited “several factors” contributing to the change of its cash rate call.

Total dwelling values show subdued growth: ABS
12 June 2024

The total dwelling value growth in Australia slowed in the March quarter according to the Australian Bureau of Statistics.

More falling behind on repayments despite ‘contained’ lending risks
12 June 2024

The number of mortgage holders failing to meet repayments has continued a steady climb, the CFR has found.

Mutual merger mania
11 June 2024

The Mortgage Business Uncut podcast is your weekly analysis of the biggest themes shaping the Australian mortgage market.

Home prices to increase 6% in 2024: Westpac
11 June 2024

With house price growth varying between states, the major bank has unpacked its house price forecast for the rest of the year.

Master Builders calls for construction industry reform
11 June 2024

The building association has called for action from the government with the construction industry currently the weakest link in the economy.

RBA ‘won’t hesitate’ to hike if inflation remains sticky
7 June 2024

The central bank is prepared to increase interest rates should inflation remain persistent, the RBA governor has said.

SA removes stamp duty threshold for FHBs
6 June 2024

To encourage first home buyers to build new homes, the South Australian government has removed the stamp duty exemption threshold.

GDP at slowest growth rate since COVID-19
6 June 2024

Australia’s economic growth continues to slow, with the lowest through the year growth in almost four years, the ABS has revealed.

GDP expected to slump: Economists
5 June 2024

‘Subpar’ growth has been called by bank economists ahead of the release of the next GDP print.