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Economy

RBA rate announcement

The Reserve Bank of Australia has announced the result of its monthly board meeting.

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RBA losing interest in house prices: Deloitte

With below-trend growth and larger forces at play in the global economy, housing prices are becoming less of a concern for the Reserve Bank, claims Deloitte Access Economics.

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Most markets growing under 5.0pc

Australia’s big three capitals have continued to lead the way in property price growth, while another capital went backwards over the past year.

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RBA shocks market with first cash rate call of 2016

The Reserve Bank of Australia has announced the result of its monthly board meeting.

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Mortgage and wealth group director resigns

Centrepoint Alliance has announced the resignation of Noel Griffin as a non-executive director.

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RBA will set national record tomorrow as dollar weakens

A clear majority of Australian economists believe rates will be left on hold tomorrow as the RBA looks to a lower Aussie dollar to fuel economic growth.

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Sydney bankers' salaries to be cut

A new survey has found that salaries for professionals in Sydney's banking and financial services sector will fall by almost 3 per cent this year.

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Hockey welcomes inflation figures

The "modest" rise in inflation over the past quarter is "good news" for Australian consumers, says Treasurer Joe Hockey.

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Corporates down on confidence and unwilling to take risks

An overwhelming majority of Australian chief financial officers lack confidence in their company’s financial prospects, according to a survey by Deloitte.

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Victoria records biggest mortgage decline

Activity in the mortgage market has dropped across all states, while there has been significant growth in the number of property listings, according to a report by CoreLogic RP Data.

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