Economy

OPINION: The central bank is clinging to the hope that those who bought their homes in the last few years have stomachs strong enough to match the financial buffers of borrowers who bought ...

Despite an increase to the number of homes listed, clearance rates have remained below 60 per cent, according to the latest data.

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.