Economy

While signs of financial stress persist, consumers have made sure to stay on top of their mortgage debts.

The RBA’s latest cash rate meeting minutes highlighted a complex economic landscape and its options for future monetary policy adjustments.

New loan commitments for investor housing are approaching heights not seen since January 2022, new ABS data has revealed.

As SMEs continue to feel the pressure from economic challenges, one non-bank lender has outlined what small-business owners can do to mitigate stress.

The major bank has brought forward its first rate cut prediction amid easing inflationary pressures.

While still at low levels, there are clear signs that the rate of arrears is picking up and is expected to continue growing.

Although the August CPI figures showed annual inflation entering the RBA’s target band, the central bank will likely look through this data until the release of the Q3 inflation reading.

The RBA governor has shed light on the considerations for both a rate hike and a cut during the September monetary policy meeting.

New data has revealed that the share of mortgage holders at risk of mortgage stress fell for the second month in a row.

Inflation is still too high for the RBA’s liking and intends to keep rates elevated until it sustainably enters the target range of 2–3 per cent.