Economy

Making news this week, RBA keeps options open for September, Rates up to 91bp higher for existing borrowers: Lendi, RBNZ boosts cash rate to 3 per cent, Industry welcomes new MFAA CEO, NSW ...

While the central bank went hard on its third consecutive 50-bp hike – without considering another option – the August minutes reveal it is not set “on a pre-set path”.

The state’s Premier has said residents impacted by this year’s floods will be offered buy-backs and land swaps, however no date has been set.

New Zealand’s central bank has committed to another cash hike in the face of surging inflation, tacking on an extra 50 basis points.

Making news this week, CBA and NAB reported a lift to home lending, Video VOI to ‘fall by the wayside’ this decade - futurist says, Treasury announces review into ASIC funding, and UK scraps ...

The latest sentiment data reveals household and businesses are reacting differently to the economic challenges, with mortgagors becoming more pessimistic.

The first monthly consumer price index indicator is set to be released by the Australian Bureau of Statistics in October.

The Bank of England has removed the affordability buffer for British borrowers this month in a bid to remove some barriers to lending as cost of living increases.

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

The Reserve Bank’s latest Statement on Monetary Policy reported that borrowing growth slowed during 2022’s first half, driven by a lull among owner-occupiers.