Powered by MOMENTUM MEDIA
Broker Daily logo

Economy

30 August 2023

The full effect of mortgage arrears are yet to be realised as the full impact of interest rate rises continues to roll through.

29 August 2023

New research has revealed the number of mortgage holders “at risk” of “mortgage stress” rose to record levels in July.

21 August 2023

While accumulated household savings are helping cushion impact of high rates, consumer spending is set to slow as borrowers approach record-high mortgage repayments.

18 August 2023

The employment rate in Australia decreased in July, confirming the central bank's expectations of a ‘turning point’.

17 August 2023

New Zealand’s Reserve Bank has decided to hold its cash rate once again.

16 August 2023

As the Reserve Bank’s decision to halt the cash rate was influenced by favourable inflation data, economists widely anticipate the bank will hold in September.

15 August 2023

The aggregator has revealed the impact the current economic environment has had on mortgagors and prospective buyers through a recent survey.

15 August 2023

Among the “big four” banks, ANZ is the only bank still offering a cashback deal to refinancers.

14 August 2023

RBA governor Philip Lowe noted that while the peak of the fixed-rate cliff had surpassed, one million borrowers are yet to transition.

11 August 2023

Economist Alan Oster has warned of an upcoming spike in third-quarter CPI, raising the prospect of additional interest rate hikes in the near future.