Economy

Treasurer Jim Chalmers has revealed that wellbeing will be a focus of the October budget, a move welcomed by finance industry players.

Making news this week, banks pass on full RBA hike, APRA grants RADI to Australia's first Islamic bank, clearance rates at the lowest level since April 2020 and 40,000 new places open up ...

With the cash rate tipping 1.35 per cent the increase in mortgage repayments will weigh on borrowers’ savings.

Buildings approvals continued a downward fall over May as the rising interest rate environment slows demand.

RBA governor Philip Lowe has delivered its third consecutive cash rate hike as it attempts to slow down rising inflation.

Home loans commitments took a positive turn in May following a fall in April, new data reveals.

Economists from three of the big four banks expect the Reserve Bank will hand down a similar cash rate hike of 50 bps today (5 July).

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

Making news this week, Volt Bank set to exit the banking industry, APRA confirms banks treatment for home guarantees, Australian outright home ownership falls, ASIC wins Cigno and BHF ...

The big four banks continue to dominate the mortgage market with three reporting an increase to their home loan books over May, APRA stats reveal.