Economy

West Australians are spending significantly less in the new year thus far, latest Bankwest data has revealed.

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

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

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

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

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

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

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

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.

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