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Economy

Green loans an ‘attractive prospect’ for carbon-free transition: RBA

Green loans could play an integral part in the green transition, acting RBA head of domestic markets has said.

‘Historical high’ for mortgage repayments projected: RBA

The Reserve Bank has lifted its projection for the amount of disposable income that will need to be dedicated to scheduled mortgage repayments.

Majors tweak rate forecasts

The big four banks have adjusted their cash rate forecasts on the heels of interest rates being held steady in August.

Record living costs linked to mortgage rates: ABS

The ABS has reported a significant increase in living costs for Australians, driven primarily by a sharp increase in mortgage interest charges.

$20bn in home loans refinanced in June: ABS

While refinance activity dropped in June more than $20 billion in home loans were switched.

Borrowers driven to ‘desperate measures’ to meet repayments: Survey

Home owners are being pushed to extremes due to mortgage stress, a new survey has revealed.

Cash rate remains at 4.1% in August

The central bank has decided to hold the cash rate for the second month in a row.

RBA ‘likely’ to pause in August: CreditorWatch

The positive signs shown from recent inflation figures are likely to encourage the central bank to hold the cash rate in August.

Cash rate peak revised down: Economists

While some of the major banks’ economists have revised down their peak estimates for the cash rate, a hike in August remains on the cards.

Property sales remain above pre-pandemic levels in FY23

Despite the rising interest rates taking a toll on property settlement volumes, data shows that the number of real estate sales across the country has remained above pre-pandemic levels in ...

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