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Economy

Queensland property settlements topped the nation

Queensland recorded the highest number of property sale settlements in FY22, driven by the regions, according to PEXA’s latest report.

Queensland property settlements topped the nation
RBA Review will 'refine and reform' rather than revolutionise: Treasurer

 The terms of reference for the RBA Review have been outlined by the Federal Treasurer, focusing on inflation targets, mandates, culture, and board make-up.

RBA Review will 'refine and reform' rather than revolutionise: Treasurer
Household equity to ward off debt concerns: RBA

While the RBA deputy governor warns Australian borrowers pose “potential risks” to the financial sector, ballooning assets may buffer any financial risks.

Household equity to ward off debt concerns: RBA
Cash rate to pass 3% by November: ANZ

The major bank has revised its cash rate forecast, now expecting the Reserve Bank to hike rates to 3.35 per cent by November.

Cash rate to pass 3% by November: ANZ
Less than 20% think now is a good time to get a mortgage: NAB data

The number of Australians who think now is a good time to get a mortgage has fallen dramatically, dropping to less than one in five in Q2.

Less than 20% think now is a good time to get a mortgage: NAB data
New Zealand inflation hits highest in 32 years

The country’s official data agency has said that the consumer price index hit 7.3 per cent during the June quarter.

New Zealand inflation hits highest in 32 years
LATEST PODCAST: ANZ closes in on Suncorp deal

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

LATEST PODCAST: ANZ closes in on Suncorp deal
Fixed-rate ‘cliff’ to impact consumer spending

Following predictions of a 2023 borrower migration to variable rates, an AMP Capital analysis suggests this trend could erode consumer spending growth.

Fixed-rate ‘cliff’ to impact consumer spending
Making news this week (ending 15 July)

Making news this week, Labor won’t budge on repealing responsible lending laws, flood support extended and expanded for NSW residents, BOQ pays more than $130K for CDR breaches and housing ...

Making news this week (ending 15 July)
Cash rate to hit 2.35% by November: NAB

The major bank has revised its expectations for future hikes, speculating rates will be 25 bps higher at the tail end of 2022.

Cash rate to hit 2.35% by November: NAB
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