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Economy

LATEST PODCAST: Mortgage demand picks back up

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

Shadow assistant treasurer resigns

The shadow assistant treasurer and shadow financial services minister has announced his resignation to ‘focus on his family’.

Economic forecasting can be wrong, RBA warns

The central bank has reiterated that its forecast is not “pure predictions of the future”.

Mortgage costs increase by almost 80%

Rising interest rates have driven up mortgage bills for employee households by a whopping 78.9 per cent for the year to 31 March 2023, ABS data reveals.

Has the RBA ‘gone too far’?

The central bank unexpectedly lifted the official cash rate during the May meeting, with some economists warning this could lead to a recession.

Consumer confidence may have lifted too early

Home owner confidence jumped 3.7 points, just before the central bank pumped up the cash rate by a further 25 bps.

Greens calls on government to freeze mortgage rates

Following the RBA’s decision to raise rates, the leader of the Australian Greens has called on the government to “step in” and freeze mortgage rates.

‘Further tightening may be required’, RBA warns

The central bank has surprised the market by raising the cash rate and is warning that further tightening of monetary policy may be required.

Cash rate hits 11-year high

The official cash rate has been hiked to 3.85 per cent, the highest level since 2012. 

LATEST PODCAST: Have we reached the peak cash rate?

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

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