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Economy

Owner-occupier demand cools over 2022 as investors lift

The Reserve Bank’s latest Statement on Monetary Policy reported that borrowing growth slowed during 2022’s first half, driven by a lull among owner-occupiers.

Owner-occupier demand cools over 2022 as investors lift
Making news this week (ending 5 August)

Making news this week, RBA announces fourth consecutive rate hike, rate hikes not all doom and gloom, say economists, Owner-occupier refinancing smashed records in June, ASIC actions first ...

Making news this week (ending 5 August)
Borrowers hesitant for higher than 80% LVR

As the cash rate heads towards a more normalised setting, borrowers are beginning to think twice about higher loans, according to the home loans marketplace Joust.

Borrowers hesitant for higher than 80% LVR
Rate hikes not all doom and gloom, economists suggest

As the central bank has ramped up the pace of interest rate rises, economists say it could be having its "desired effect".

Rate hikes not all doom and gloom, economists suggest
Mortgage costs, living expenses increase over June quarter: ABS

Mortgages in Australia, alongside the cost of living, have increased over the last three months, according to new Australian Bureau of Statistics data.

Mortgage costs, living expenses increase over June quarter: ABS
RBA announces 4th consecutive rate hike

Reserve Bank governor Philip Lowe has bumped the cash rate to almost 2 per cent, signalling rising inflation as the main reason for its decision. 

RBA announces 4th consecutive rate hike
RBA August rate hike closes in

Economists widely anticipate the central bank will bump the cash rate another 50 bps today (2 August). 

RBA August rate hike closes in
LATEST PODCAST: The mortgage digitisation race

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

LATEST PODCAST: The mortgage digitisation race
Client retention to help amid economic headwinds

Industry experts have doubled down on client retention as inflation and interest rates continue to climb.

Client retention to help amid economic headwinds
Mortgage lending continues steady growth

Home loan lending remains “stable” over June, with all four major banks reporting an increase to their loan book, according to APRA.

Mortgage lending continues steady growth
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