Economy

Land price pressure slows, turnover falls
4 August 2016
mortgagebusiness

A new report has found growth in national land prices slowed to 1.2 per cent during the March 2016 quarter, while turnover in the market fell by 1.3 per cent.

Melbourne sees largest decline is housing affordability
3 August 2016
mortgagebusiness

Substantial disparities exist for home buyers around the country, the Housing Industry Association has found, as it reports a general decline in affordability across the national housing ...

Third major bank cuts rates
2 August 2016
mortgagebusiness

Three major banks have now cut their standard variable rates in response to the Reserve Bank’s 25 basis point rate reduction this afternoon.

Second major bank slashes variable rates
2 August 2016
mortgagebusiness

Following CBA's decision to reduce home loan rates this afternoon, another major bank has today announced it will reduce its variable rate on all new and existing variable rate home loans.

CBA cuts rates by 13 basis points
2 August 2016
mortgagebusiness

Commonwealth Bank has responded to the Reserve Bank of Australia’s (RBA) cash rate decision by reducing interest rates for home owners and small business while increasing term deposit rates

RBA makes cash rate call - Aug 2016
2 August 2016
mortgagebusiness

The Reserve Bank of Australia has delivered the decision of its monthly board meeting.

‘Tsunami of supply’ to hit housing markets
2 August 2016
mortgagebusiness

A new report from BIS Shrapnel has warned that slowing population growth and an oversupply of apartments will pave the way for a 50 per cent fall in home building activity.

Interest rates set to fall to historic low
2 August 2016
mortgagebusiness

The Reserve Bank is likely to cut the official cash rate to a new low when the board meets today, according to a financial comparison website.

Low inflation paves way for rate cut
1 August 2016
mortgagebusiness

The Reserve Bank of Australia will be under “huge pressure” to cut the official cash rate on Tuesday following the release of the June quarter inflation figures last week, according to an ...

Pepper Money announces rate discounts
29 July 2016
mortgagebusiness

Pepper Money has reduced rates by up to 50 basis points for some of its mortgage products, while also offering same-day approvals.