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Economy

Inflation data no ‘smoking gun’: AMP economist

As Australia’s annual consumer price index has dropped to a rate of 6.8 per cent in August from 7 per cent the month earlier, economists review their cash rate predictions.

Inflation data no ‘smoking gun’: AMP economist
Over 80% expect 50-bp hike next week

With another 50-bp rate rise increasingly likely, one economist has warned that the Reserve Bank is putting the economy at risk.

Over 80% expect 50-bp hike next week
ASIC nudges banks to pay outstanding $1.6bn in remediation

The corporate regulator has reminded the finance sector of the whopping debt owed to millions of consumers, by updating its guidance.

ASIC nudges banks to pay outstanding $1.6bn in remediation
Expanded CDR to give customers more control 

The Treasurer has expanded the CDR draft legislation to give customers more control on how they manage their data.

Expanded CDR to give customers more control 
‘Resilient’ unit prices take a hit

While units have been more “resilient” to price falls, compared to houses, the latest data reveals the downswing has kicked in.

‘Resilient’ unit prices take a hit
LATEST PODCAST: Treasurer green-lights 2 separate mergers

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

LATEST PODCAST: Treasurer green-lights 2 separate mergers
Stress testing proves banks’ resilience: RBA report

A research paper by the central bank has shone a light on the effectiveness of stress-testing banks during the COVID-19 pandemic.

Stress testing proves banks’ resilience: RBA report
Pandemic throws Reserve Bank into ‘significant’ loss

The RBA’s deputy governor said pandemic spending has blown the central bank’s budget out by more than $35 billion.

Pandemic throws Reserve Bank into ‘significant’ loss
A third of Aussie homes could be 3D-printed by 2030

An expert has predicted that as much as 30 per cent of houses in regional Australia will be constructed using 3D-printing technology within the next 10 years.

A third of Aussie homes could be 3D-printed by 2030
Cheap credit ‘hangover’ has arrived: Dalton

EXCLUSIVE As the RBA attempts to extinguish inflation with rising rates, an Australian mortgage market pioneer concedes that the long run of cheap credit had to end eventually.

Cheap credit ‘hangover’ has arrived: Dalton
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