Economy

 The terms of reference for the RBA Review have been outlined by the Federal Treasurer, focusing on inflation targets, mandates, culture, and board make-up.

While the RBA deputy governor warns Australian borrowers pose “potential risks” to the financial sector, ballooning assets may buffer any financial risks.

The major bank has revised its cash rate forecast, now expecting the Reserve Bank to hike rates to 3.35 per cent by November.

The number of Australians who think now is a good time to get a mortgage has fallen dramatically, dropping to less than one in five in Q2.

The country’s official data agency has said that the consumer price index hit 7.3 per cent during the June quarter.

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

Following predictions of a 2023 borrower migration to variable rates, an AMP Capital analysis suggests this trend could erode consumer spending growth.

Making news this week, Labor won’t budge on repealing responsible lending laws, flood support extended and expanded for NSW residents, BOQ pays more than $130K for CDR breaches and housing ...

The major bank has revised its expectations for future hikes, speculating rates will be 25 bps higher at the tail end of 2022.

New Zealand’s cash rate has risen for the sixth consecutive time, with the country’s central bank lifting the figure by 50 bps.