Powered by MOMENTUM MEDIA
Mortgage business logo

Economy

GDP figures confirm economic recovery

Australia’s GDP grew by 3.1 per cent during the December quarter, beating market expectations of a 2.5 per cent increase, official figures show. 

GDP figures confirm economic recovery
RBA makes March cash rate decision

The central bank has made its official interest rate decision for the month of March.

RBA makes March cash rate decision
Hume dismisses call to use super for mortgage deposits

Superannuation Minister Jane Hume has denied the government is considering a backbencher’s proposal to allow first home buyers to withdraw retirement savings for housing deposits.

Hume dismisses call to use super for mortgage deposits
House price rise, household debt a risk to banks

Analysts have flagged that the banking sector may be exposed to more risk than some of its Aaa-rated peers, reflecting banks’ high exposure to mortgages.

House price rise, household debt a risk to banks
Social housing key to post-COVID recovery: study

A study has underscored concerns about the dependence on “cheap money” policy for housing, instead suggesting that social housing could be more effective in stimulating the market.

Social housing key to post-COVID recovery: study
Mortgage stress mounts as support winds back

Mortgage stress had increased in the three months to November 2020 compared with three months prior, indicating that winding back government support would “test” the housing market, ...

Mortgage stress mounts as support winds back
Current rates to stay ‘as long as necessary’: RBA

The cash rate could remain at its current record-low levels for longer than three years, and as long as necessary, the RBA has said.

Current rates to stay ‘as long as necessary’: RBA
RBA makes February cash rate call

The central bank has announced its first cash rate decision for the year 2021.

RBA makes February cash rate call
RBA makes surprise February cash rate call

The central bank has announced a new record-low cash rate in its February board meeting, a decision that was unexpected by the market.

RBA makes surprise February cash rate call
Shipton agrees to step down as ASIC chair

Treasury will immediately commence a search for a new chairperson for ASIC, but the current chair, James Shipton, will return to his role on Monday while the search for a replacement is ...

Shipton agrees to step down as ASIC chair
brokerpulse logo

 

Join Australia's most informed brokers

Do you know which lenders are providing brokers and their customers with the best service?

Use this monthly data to make informed decisions about which lenders to use. Simply contribute to the survey and we'll send you the results directly to your inbox - completely free!

brokerpulse graph