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Fixed-rate borrowers ‘unlikely’ to be changing spending behaviour: RBA

The surge in new fixed-rate loans written during the pandemic may cause the Reserve Bank to lift rates more aggressively due to a significant lag in the impact of monetary policy.

Former RBA governor Robert Alan Johnston AC passes away

The former Reserve Bank of Australia governor Robert “Bob” Alan Johnston has passed away on 20 March 2023 at the age of 98.

Almost 1 in 3 borrowers have negotiated a lower rate: RBA

Approximately 30 per cent of variable-rate mortgage holders have successfully negotiated a lower rate with their lender since the Reserve Bank started lifting rates in May 2022.

LATEST PODCAST: UBS and Credit Suisse to merge

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

Home buyer sentiment at 34-year low as spending rises

Home buyer sentiment has hit extreme lows in over three decades, while household spending continues to rise.

RBA’s rate-hike cycle ‘a bit crazy’: Shane Oliver

AMP’s chief economist has said the RBA’s 10 consecutive rate hikes are “a bit crazy”, likening it to driving at full speed from Sydney to Brisbane rather than at a measured pace.

LATEST PODCAST: The SVB collapse

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

RBA needs to reconsider 2–3% inflation target: Bouris

Yellow Brick Road executive chairman Mark Bouris believes the RBA’s 2–3 per cent inflation target is no longer realistic.

End of rate hikes in sight: RBA

Following its 10th consecutive interest rate hike, the Reserve Bank of Australia has hinted that the end could be near.

Official cash rate at 3.6%: RBA

The central bank has moved to further lift the cash rate, bringing it to its highest level in over a decade. 

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