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Economy

RBA appoints new head of domestic markets

The central bank has announced a new role for its deputy secretary, effective 6 February.

LATEST PODCAST: The inflation surprise

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

Inflation hits new 33-year high

Annual CPI hit its highest level since 1990, the latest ABS figures have confirmed.

Gambling ‘false hope’ for mortgage shortfall, flags Costello

To what extent is gambling affecting loan repayments? That’s “a really good question,” said anti-gambling campaigner, the Reverend Tim Costello.

Home-related spending weak as ‘money tighter’: ANZ

Annual ‘discretionary’ spending on services grew, but goods purchases were down, ANZ-observed spending to 21 January has recorded.

LATEST PODCAST: Regulating the BNPL market

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

Labour force and inflation to weigh on RBA’s decision 

While the drop in employment growth is expected to weigh on the RBA’s policy deliberations for February, next week’s inflation data would be a stronger indicator, economists have tipped

Regional Qld to receive monsoon assistance

The Queensland government has opened disaster assistance for 14 local government areas in response to the recent monsoon activity.

Inflation to slow after likely Q4/22 peak: NAB

Headline CPI is “likely to fall back” to around 6 per cent in Q2/23, major bank NAB has envisaged.

Labour supply headaches could wane as arrivals improve: Westpac

With official stats showing the number of visitors continues to improve, there are hopes that labour constraints will be alleviated.

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