Economy

Making news this week (ending 12 August)
12 August 2022
Making news this week (ending 12 August)

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 ...

Spending continues while sentiment falls, economists say
12 August 2022
Spending continues while sentiment falls, economists say

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

ABS to release monthly inflation data
12 August 2022
ABS to release monthly inflation data

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

UK scraps mortgage buffers
9 August 2022
UK scraps mortgage buffers

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.

LATEST PODCAST: Record refinances – is it just the beginning?
8 August 2022
LATEST PODCAST: Record refinances – is it just the beginning?

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

Owner-occupier demand cools over 2022 as investors lift
8 August 2022
Owner-occupier demand cools over 2022 as investors lift

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.

Making news this week (ending 5 August)
5 August 2022
Making news this week (ending 5 August)

Making news this week, RBA announces fourth consecutive rate hike, rate hikes not all doom and gloom, say economists, Owner-occupier refinancing smashed records in June, ASIC actions first ...

Borrowers hesitant for higher than 80% LVR
5 August 2022
Borrowers hesitant for higher than 80% LVR

As the cash rate heads towards a more normalised setting, borrowers are beginning to think twice about higher loans, according to the home loans marketplace Joust.

Rate hikes not all doom and gloom, economists suggest
4 August 2022
Rate hikes not all doom and gloom, economists suggest

As the central bank has ramped up the pace of interest rate rises, economists say it could be having its "desired effect".

Mortgage costs, living expenses increase over June quarter: ABS
4 August 2022
Mortgage costs, living expenses increase over June quarter: ABS

Mortgages in Australia, alongside the cost of living, have increased over the last three months, according to new Australian Bureau of Statistics data.