Economy

Reserve Bank governor Philip Lowe has bumped the cash rate to almost 2 per cent, signalling rising inflation as the main reason for its decision. 

Economists widely anticipate the central bank will bump the cash rate another 50 bps today (2 August). 

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

Industry experts have doubled down on client retention as inflation and interest rates continue to climb.

Home loan lending remains “stable” over June, with all four major banks reporting an increase to their loan book, according to APRA.

Making news this week, the treasurer warns rate rises will sting, inflation has tipped above 6%, Westpac is set to launch its digital mortgage this year, and APRA chair announces his ...

Releasing revised economic forecasts in his first ministerial statement on the economy, Treasurer Jim Chalmers has noted the “pain” that millions of mortgagors are feeling.

Australia’s annual consumer price index has grown to a rate of 6.1 per cent, with housing noted as a key driver.

The latest State of the States report has shown home loan commitments remained above decade averages despite the cost of living pressures.

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 ...