Economy

LATEST PODCAST: A new aggregator giant forms
13 February 2023

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

2–3% CPI target band not until June 2025: RBA
13 February 2023

The RBA has given more background to factors affecting its ideal inflation target, going forward.

Big banks move on upped 3.35% cash rate
9 February 2023

The central bank’s February 25-bp cash rate hike has started flowing through to the first major banks.

Mortgagors refinancing at ‘rapid speed’: Lendi
9 February 2023

Refinancing activity is expected to continue to rise throughout the year, breaking previous records set in 2022.

Mortgagors’ confidence ‘convincingly reversed’: Economist
8 February 2023

Consumer confidence is down across a range of areas, latest ANZ-Roy Morgan data has revealed.

February cash rate hike continues mortgage pain
7 February 2023

Australia’s central bank has confirmed a cash rate hike to start 2023, as sundry economists had expected.

LATEST PODCAST: The balancing act between rate hikes and serviceability
6 February 2023

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

Economists unanimous on February cash rate hike
6 February 2023

Only the brave would back a February rate pause, with the major banks all expecting the central bank to hike by at least a 25-bp jump this month.

Australian economy on ‘narrow path to a soft landing’: IMF
3 February 2023

A “strong cyclical position” bodes well for Australia, but tightening is still needed, major UN agency the IMF, has assessed.

$350bn fixed loan credit ‘rolling off’ to variable: RBA
2 February 2023

The central bank has said it expects about half of all outstanding fixed loan debt to change to variable rates in 2023.