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Economy

2.85% November cash rate announced

In a call that could have gone each way, the central bank has announced a 25 basis points hike for its Melbourne Cup Day rate decision.

2.85% November cash rate announced
Could a 50-bp rate hike be back in focus?

Most big four banks expect a 0.25 per cent rate hike today, but recent inflation data may have put 50bps back on the table.

Could a 50-bp rate hike be back in focus?
LATEST PODCAST: How high will they go?

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

LATEST PODCAST: How high will they go?
Budget Reply reaffirms super use for FHB: Dutton

Opposition Leader Peter Dutton has released the Liberal Party's Budget Reply, outlining that people should be able to use their super to buy their own homes.

Budget Reply reaffirms super use for FHB: Dutton
Economists rate government’s housing accord

Given more than 1 million homes were built on average over a five-year period, economists weigh in on the government’s housing target.

Economists rate government’s housing accord
Banks welcome budget’s cyber security funding

The Australian Banking Association has welcomed the government’s National Anti-Scam Centre amid a swathe of breaches.

Banks welcome budget’s cyber security funding
21.1% of mortgagors ‘at risk’ of mortgage stress: Roy Morgan

Rising interest rates have resulted in an estimated 948,000 mortgagors being “at risk” of mortgage stress, according to new research.

21.1% of mortgagors ‘at risk’ of mortgage stress: Roy Morgan
Housing prices drive up CPI

New dwellings were one of the major contributors to the consumer price index rising in September 2022, according to the latest Australian Bureau of Statistics data.

Housing prices drive up CPI
Labor’s budget 2022/23: Video explainer

The new Labor government has painted a fairly grim economic picture of its first budget, but flagged “ambitious” housing targets.

Labor’s budget 2022/23: Video explainer
Budget 2022/23: What you need to know

Treasurer Jim Chalmers has delivered his first budget speech pledging reforms that will boost housing supply and encourage investment.

Budget 2022/23: What you need to know
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