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Economy

Big 4 forecast 25-bp rise in March

The major banks have weighed in with their predictions on the Reserve Bank’s cash rate decision on 7 March 2023.

LATEST PODCAST: The big payroll tax issue

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

New loan commitments for housing drop 5.3%: ABS

The latest ABS lending indicators data has revealed a further decrease in the value of new loan commitments for January 2023.

Aussies increasingly concerned about ‘making ends meet’: NAB report

Latest NAB hardship data has revealed Australians’ cost concerns and workforce changes to suit.

‘Monetary sovereignty’ issue raised in CBDC roll-out

Central bank digital currency (CBDC) roll-out has raised a range of views and concerns as major banks sign on to a pilot.

CGT on family homes won’t be touched, PM says

The Labor government has no intention of changing capital gains tax on the family home, Prime Minister Anthony Albanese stated.

Pseudo housing policies ‘need to die’, demographer warns

Demographer Simon Kuestenmacher has tipped fewer Australians will be able to own a home as inaffordability grows, signalling that systemic change is needed.

LATEST PODCAST: Settlements drop begins to bite

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

Construction insolvencies increased more than 85%: Equifax

Building activity has continued to decline amid rising construction collapses.

New mortgages ‘fell further’ in January 2023, CBA reveals

On the back of record profits, the major bank’s latest lending data has confirmed fewer Australians are purchasing new homes.

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