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Making news this week (ending 29 July)

Making news this week, the treasurer warns rate rises will sting, inflation has tipped above 6%, Westpac is set to launch its digital mortgage this year, and APRA chair announces his ...

Making news this week (ending 29 July)
‘Rate rises do and will hurt’: Treasurer

Releasing revised economic forecasts in his first ministerial statement on the economy, Treasurer Jim Chalmers has noted the “pain” that millions of mortgagors are feeling.

‘Rate rises do and will hurt’: Treasurer
Inflation surges to highest figure since GST introduction

Australia’s annual consumer price index has grown to a rate of 6.1 per cent, with housing noted as a key driver.

Inflation surges to highest figure since GST introduction
Home loan commitments stick above decade average: CommSec

The latest State of the States report has shown home loan commitments remained above decade averages despite the cost of living pressures.

Home loan commitments stick above decade average: CommSec
Rate hikes expose a tale of two borrowers

OPINION: The central bank is clinging to the hope that those who bought their homes in the last few years have stomachs strong enough to match the financial buffers of borrowers who bought ...

Rate hikes expose a tale of two borrowers
Clearance rates remain below 60%

Despite an increase to the number of homes listed, clearance rates have remained below 60 per cent, according to the latest data.

Clearance rates remain below 60%
LATEST PODCAST: Reviewing the RBA

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

LATEST PODCAST: Reviewing the RBA
Making news this week (ending 22 July)

Treasurer launches RBA review, Suncorp Bank to be sold to ANZ, the RBA governor signals a boost in productivity is needed, industry welcomes RLO certainty, ANZ tips cash rate to pass 3%.

Making news this week (ending 22 July)
RBA governor warns another 50-bp jump likely

The likelihood of another 50-bp rise in August narrows, with the RBA governor weakening his argument for a “steady approach”.

RBA governor warns another 50-bp jump likely
Boosting productivity will help steer inflation back down: Lowe

The RBA governor has carved a path out of high inflation that involves more rate rises and a boost to productivity.

Boosting productivity will help steer inflation back down: Lowe
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