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Home-building approvals drop in May

Buildings approvals continued a downward fall over May as the rising interest rate environment slows demand.

Home-building approvals drop in May
Lowe slams another 50-bp cash rate on Australians

RBA governor Philip Lowe has delivered its third consecutive cash rate hike as it attempts to slow down rising inflation.

Lowe slams another 50-bp cash rate on Australians
Home loan commitments increase after April tumble

Home loans commitments took a positive turn in May following a fall in April, new data reveals.

Home loan commitments increase after April tumble
Cash rate hike prediction steers towards 50 bps

Economists from three of the big four banks expect the Reserve Bank will hand down a similar cash rate hike of 50 bps today (5 July).

Cash rate hike prediction steers towards 50 bps
LATEST PODCAST: Reviewing rates and RADIs

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

LATEST PODCAST: Reviewing rates and RADIs
Making news this week (ending 1 July)

Making news this week, Volt Bank set to exit the banking industry, APRA confirms banks treatment for home guarantees, Australian outright home ownership falls, ASIC wins Cigno and BHF ...

Making news this week (ending 1 July)
Positive uptick in home lending: APRA

The big four banks continue to dominate the mortgage market with three reporting an increase to their home loan books over May, APRA stats reveal.

Positive uptick in home lending: APRA
ASIC wins Cigno appeal

ASIC has succeeded in its appeal over breaches of consumer credit provisions by short-term lenders Cigno and BHF Solutions.

ASIC wins Cigno appeal
Cash rate to hit 2.6% by February: Westpac

Westpac economists expect the Reserve Bank to commence the second fastest tightening cycle since 1990, with a cumulative cash rate rise of 250 bp over nine meetings.

Cash rate to hit 2.6% by February: Westpac
Savings to cushion borrowers from rate spikes: RBA

The Reserve Bank governor pledges most Australians will be able to cop another cash rate rise.

Savings to cushion borrowers from rate spikes: RBA
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