Economy

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.

Housing barrier impacting NSW skilled worker demand
31 January 2023

Housing hurdles have been highlighted in Business NSW’s pre-election push for ‘doubled’ skilled migration intake.

RBA appoints new head of domestic markets
31 January 2023

The central bank has announced a new role for its deputy secretary, effective 6 February.

LATEST PODCAST: The inflation surprise
30 January 2023

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

Inflation hits new 33-year high
25 January 2023

Annual CPI hit its highest level since 1990, the latest ABS figures have confirmed.

Gambling ‘false hope’ for mortgage shortfall, flags Costello
25 January 2023

To what extent is gambling affecting loan repayments? That’s “a really good question,” said anti-gambling campaigner, the Reverend Tim Costello.

Home-related spending weak as ‘money tighter’: ANZ
25 January 2023

Annual ‘discretionary’ spending on services grew, but goods purchases were down, ANZ-observed spending to 21 January has recorded.

LATEST PODCAST: Regulating the BNPL market
23 January 2023

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