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Economy

CBA calls October 25-bp cash-rate hike

There’s support for an October “business as usual” 25-bp cash-rate hike following RBA governor Philip Lowe’s “inflation” speech at the Anika Foundation event on Thursday (8 September), ...

CBA calls October 25-bp cash-rate hike
Broker satisfaction on the rise, amid bank closures

Borrowers have reported an increase in satisfaction with broker communication channels this year, according to a new report.

Broker satisfaction on the rise, amid bank closures
Flexible inflation target puts rules-based approach in spotlight

Increased home-building costs have been highlighted as key contributor alone in RBA Governor inflation address.

Flexible inflation target puts rules-based approach in spotlight
Dwelling investment fall a ‘weak outcome’: Treasurer

Wet weather and material and labour constraints curbed Australian dwelling investment, June quarter national account figures have revealed.

Dwelling investment fall a ‘weak outcome’: Treasurer
RBA confirms 2.35 per cent cash rate

The official cash rate has risen to 2.35 per cent — the highest point since April 2015.

RBA confirms 2.35 per cent cash rate
Big 4 expect 50-bp increase today

The official cash rate is expected to rise to 2.35 per cent following today's RBA board meeting, according to major bank economists.

Big 4 expect 50-bp increase today
LATEST PODCAST: How will the spring selling season fare?

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

LATEST PODCAST: How will the spring selling season fare?
Permanent migration cap to increase by 35,000

The banking industry has welcomed the announcement that the annual permanent migration cap will increase to 195,000.

Permanent migration cap to increase by 35,000
Economic headwinds drive regional property values down

As Australia’s property values begin to ease, new data has revealed regional properties have fallen at the “fastest pace” since 2011.

Economic headwinds drive regional property values down
Buyers continue to purchase ‘sight unseen’

As many as one in four buyers are still inspecting property outside the state they live in, a trend that’s showing “no signs of slowing”, according to a new survey.

Buyers continue to purchase ‘sight unseen’
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