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Aug 29 2023
New research has revealed the number of mortgage holders “at risk” of “mortgage stress” rose to record levels in July.
Aug 21 2023
While accumulated household savings are helping cushion impact of high rates, consumer spending is set to slow as borrowers approach record-high mortgage repayments.
Aug 18 2023
The employment rate in Australia decreased in July, confirming the central bank's expectations of a ‘turning point’.
Aug 17 2023
New Zealand’s Reserve Bank has decided to hold its cash rate once again.
Aug 16 2023
As the Reserve Bank’s decision to halt the cash rate was influenced by favourable inflation data, economists widely anticipate the bank will hold in September.
Aug 15 2023
The aggregator has revealed the impact the current economic environment has had on mortgagors and prospective buyers through a recent survey.
Aug 15 2023
Among the “big four” banks, ANZ is the only bank still offering a cashback deal to refinancers.
Aug 14 2023
RBA governor Philip Lowe noted that while the peak of the fixed-rate cliff had surpassed, one million borrowers are yet to transition.
Aug 11 2023
Economist Alan Oster has warned of an upcoming spike in third-quarter CPI, raising the prospect of additional interest rate hikes in the near future.
Aug 9 2023
Despite the RBA placing the cash rate on hold, consumer sentiment dropped with potential dwelling purchase confidence falling even further.
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