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Economy

FHBs come out to play despite affordability downturn
6 September 2017
mortgagebusiness

The release of the Adelaide Bank/Real Estate Institute of Australia Housing Affordability Report reveals that housing affordability is generally on the decline nationwide, while first home ...

RBA eyes 3% growth amid ‘troughed’ inflation
6 September 2017
mortgagebusiness

The Reserve Bank of Australia has doubled down on its 3 per cent growth target despite acknowledging that economic shocks “will occur” in the future.

Supply-demand mismatch ‘remains acute’
5 September 2017
mortgagebusiness

As residential land prices grow to historical highs, the mismatch between strong demand and a limited supply of new housing “remains acute”, industry agencies have said.

Little movement in home values nationwide, latest data finds
5 September 2017
mortgagebusiness

Home values either climbed marginally or held steady in all but one capital city last week, with Perth the only one recording a fall, according to CoreLogic.

RBA announces cash rate call
5 September 2017
mortgagebusiness

The Reserve Bank of Australia has published its cash rate verdict, following its monthly board meeting today.

Shock and awe: RBA makes the call
5 September 2017
mortgagebusiness

The Reserve Bank of Australia has handed down a surprising September cash rate call following its monthly board meeting held today.

RBA shocks industry with cash rate call
5 September 2017
mortgagebusiness

The Reserve Bank of Australia has left industry members flummoxed after handing down its September cash rate call today.

Economic shocks ‘will occur’: RBA
5 September 2017
mortgagebusiness

The structure of the Australian economy will likely “continue to change” between 2017 and 2021, the central bank has said while warning that economic shocks will also occur.

Australia's most popular retirement neighbourhoods
4 September 2017
mortgagebusiness

A survey has uncovered the most popular Australian neighbourhoods for retirees and the average property value in each.

Banks need to work on public image, say experts
4 September 2017
mortgagebusiness

Australian banks need to improve their image and reputation in order to “win back consumers”, according to respondents of a new survey.