Economy

Qld begins home buyback scheme
5 October 2022
Qld begins home buyback scheme

The first property buyback offers have been accepted by flood-affected home owners in South-East Queensland.

LATEST PODCAST: Why the spring selling season is off to a slow start
4 October 2022
LATEST PODCAST: Why the spring selling season is off to a slow start

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

2.60% cash rate confirmed
4 October 2022
2.60% cash rate confirmed

The Reserve Bank of Australia has increased the cash to 2.60 per cent for October, a move not widely predicted by bank economists.

Cash rate to hit 3.35% by year end: Macquarie
4 October 2022
Cash rate to hit 3.35% by year end: Macquarie

Macquarie expects the Reserve Bank won’t begin easing monetary policy settings until late next year and anticipates the jobless rate will rise to 4.5 per cent.

Digital ID a ‘logical answer’ to cyber crime: ANZ
4 October 2022
Digital ID a ‘logical answer’ to cyber crime: ANZ

As banks remain on alert following the Optus data breach, ANZ said trusted digital IDs are a “vital step forward”.

House price falls steady
4 October 2022
House price falls steady

While national home prices are declining, new data revealed that the spike in September property sales kept price falls steady.

Household wealth tumbles
3 October 2022
Household wealth tumbles

Household wealth fell for the first time since the beginning of the pandemic, coinciding with cost-of-living pressures and rising interest rates.

Home values peak has ‘come and gone’, says report
3 October 2022
Home values peak has ‘come and gone’, says report

The peak-profit period has passed for Australia’s housing market, a new report reveals.

Industry to weigh in on ASIC funding model
30 September 2022
Industry to weigh in on ASIC funding model

Industry participants have less than a month to have their say on ASIC’s controversial industry funding model.

5 regions to get a boost from renewable energy boom
30 September 2022
5 regions to get a boost from renewable energy boom

Australia is on the verge of a renewable energy boom and an expert has named five regions set to reap benefits from the infrastructure pipeline that comes with it.