Dec 4 2020
The RBA governor has indicated that he does not expect to see a substantial increase in house prices due to soft population growth amid the COVID-19 crisis.
Dec 2 2020
The Australian economy saw strong growth in the September quarter, officially bringing the country out of recession.
Dec 1 2020
The Reserve Bank has announced its cash rate decision for the month of December, staying in line with market expectations.
Nov 27 2020
The Australian economy is unlikely to see a “lasting drop” in potential growth due to the COVID-19 crisis and should see a sustainable recovery, according to new analysis.
Nov 23 2020
A CBA economist has revised his economic outlook to paint a more optimistic picture amid the COVID-19 crisis, and dismissed comparisons with the Great Depression.
Nov 18 2020
The demand for mortgages has remained strong during the September quarter despite weaker overall consumer credit demand, according to data.
Nov 11 2020
Despite October 2020 recording the highest level of mortgage activity this year, the major banks saw zero net growth in volume, according to new data.
Nov 11 2020
The prudential regulator has provided guidance on the interim capital treatment of new or additional equity investments in banking and insurance subsidiaries.
Nov 10 2020
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Nov 9 2020
The Reserve Bank of Australia has noted that while there are record-low interest rates on SME loans, there is still subdued demand for business credit.
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