Economy

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

Treasurer launches RBA review, Suncorp Bank to be sold to ANZ, the RBA governor signals a boost in productivity is needed, industry welcomes RLO certainty, ANZ tips cash rate to pass 3%.

The likelihood of another 50-bp rise in August narrows, with the RBA governor weakening his argument for a “steady approach”.

The RBA governor has carved a path out of high inflation that involves more rate rises and a boost to productivity.

Queensland recorded the highest number of property sale settlements in FY22, driven by the regions, according to PEXA’s latest report.

 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.