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Economy

RBNZ to plot out DTI restrictions framework
2 May 2022
RBNZ to plot out DTI restrictions framework

The Kiwi central bank has decided to form the ground rules for potential limits on debt-to-income ratios, after consulting with local lenders.

Making news this week (week ending 29 April)
29 April 2022
Making news this week (week ending 29 April)

Discover some of the top news stories impacting the mortgages space in this wrap-up for the week ending 29 April   You can read the full stories here:  Inflation hits highest level in 22 ...

Unit values up $5k in 1Q22
29 April 2022
Unit values up $5k in 1Q22

Despite the price gap between houses and units widening, driven by housing affordability and land scarcity in the big cities, units may be resilient in the face of slowing price growth.

‘No choice’ for RBA: Industry tips May rate hike
29 April 2022
‘No choice’ for RBA: Industry tips May rate hike

Mortgage industry players have said the pressure is on for an imminent cash rate rise, as inflation has rocketed to a 20-year high of 5.1 per cent.

Mainland Australia closes in on Tasmania’s economic ranking
28 April 2022
Mainland Australia closes in on Tasmania’s economic ranking

Tasmania’s top ranking on relative economic performance is under threat from improving mainland economies, latest data from CommSec reveals.

Inflation hits highest level in 22 years
27 April 2022
Inflation hits highest level in 22 years

Inflation has hit its highest level since the introduction of the GST, with the market to now eagerly watch for how the Reserve Bank manoeuvres the cash rate.

Australian property market: ‘Finally hit the wall’
27 April 2022
Australian property market: ‘Finally hit the wall’

Home loan activity declined sharply over February, driven by the significant falls in affordability as a consequence of booming house prices.

Rate hike forecasts continue to shift
26 April 2022
Rate hike forecasts continue to shift

Economists are yet again tweaking their cash rate forecasts, ahead of CPI data being released this week.

Making news this week (week ending 22 April)
22 April 2022
Making news this week (week ending 22 April)

Discover some of the top news stories impacting the mortgages space in this wrap-up for the week ending 22 April   You can read the full stories here:  Government boosts max property ...

March quarter shows housing sentiment steady: NAB
22 April 2022
March quarter shows housing sentiment steady: NAB

Growing rents and slowing house price growth keep housing sentiment steady in Australia, NAB property survey reveals.