Economy

The silver lining in rising financial hardship reports among borrowers
26 June 2024

After a challenging couple of years for the economy and many Australians’ finances, there is a silver lining emerging in the financial services sector that comes from an unlikely place, ...

How will stage 3 tax cuts increase borrowing capacity?
20 June 2024

With the stage 3 tax cuts soon to come into effect, Aussie Home Loans has revealed new research analysing its potential effect on borrowing capacity.

Rate hike considered; rate cut was not
19 June 2024

Michele Bullock has confirmed the RBA considered hiking rates in June, while a rate cut was not discussed.

RBA calls June cash rate
18 June 2024

The central bank has announced its decision following its June monetary policy meeting.

RBA to hold the line in June decision
17 June 2024

Another cash rate hold is expected ahead of the central bank’s June monetary policy meeting.

Unemployment rate slightly down: ABS
14 June 2024

The number of workers waiting to start or return to their jobs in May has caused a small drop in unemployment, the ABS has revealed.

Mortgagor spending eases month on month: Major bank
14 June 2024

New research has found mortgage holders have curbed their spending in May from the previous month.

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.