Economy

The central bank has flagged that mortgage repayments have escalated above the previous projections made in 2008.

A watchful eye is being kept on incoming inflation data that may force the central bank’s hand in next month’s board meeting.

Despite more than 60 per cent of consumers expecting interest rates to rise, confidence is climbing, according to new data.

As investors sell due to high costs, vacancy rates have fallen further, signalling a need for improved investor incentives.

Ten per cent of borrowers who have rolled off fixed rates since May 2022 have seen repayments rise by more than 60 per cent, with another 14 per cent expected to join them.

Households are spending more money on housing and arrears are rising, but the majority are able to service their debts, the RBA has said.

Ahead of the Women in Finance Summit and Awards 2023, we’re catching up with some of the leading women in the financial services space.

New data has revealed the ongoing climb in mortgage arrears among a backdrop of high interest rates and inflation.

Borrowers are avoiding the fabled “mortgage cliff” as refinancing activity remains strong, PEXA’s chief economist has said.

The number of mortgagors at risk of mortgage stress has once again climbed to a record high, new research has found.