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Regulation

NSW homes minister nods to regional ‘market failure’

The state government will aim to address housing shortages across regional NSW through a new strategy, according to the minister for homes.

NSW homes minister nods to regional ‘market failure’
Cash rate speculations don’t faze RBA governor

Reserve Bank governor Philip Lowe has said he doesn’t feel a “mounting pressure” to hike the cash rate, noting it would be a jolt for many borrowers.

Cash rate speculations don’t faze RBA governor
RBA deputy governor to step down

Reserve Bank deputy governor Guy Debelle will depart to become an executive at an energy company.

RBA deputy governor to step down
Cash rate rise to come in August: NAB

The bank’s economists speculate August will see the cash rate reach 0.25 per cent, before gradually hitting pre-pandemic levels by 2022’s end.

Cash rate rise to come in August: NAB
85% of Family Home Guarantee supplied to single mothers

The scheme devoted to assisting single parents into the housing market has been mostly embraced by women, according to the federal government.

85% of Family Home Guarantee supplied to single mothers
ASIC chair outlines 2022 priorities

Protecting consumers from predatory lending practices and slashing regulatory frictions with industry are among the corporate cop’s priorities for the year ahead.

ASIC chair outlines 2022 priorities
Ukraine war weighs on RBA’s rate deliberations

Reserve Bank governor Philip Lowe has called the Ukraine war a “major new source of uncertainty”, with a rate rise seeming unlikely for the near future.

Ukraine war weighs on RBA’s rate deliberations
Federal government offers grants, as ‘flooding disaster’ escalates

The federal government has announced financial support is available for flood-impacted victims, as major flooding continues in South-East Queensland and the NSW North Coast.

Federal government offers grants, as ‘flooding disaster’ escalates
Blocked supply, lagged approvals escalating house prices: NHFIC

It can take more than six years to get new housing supply to market, with the government body warning that affordability hangs in the balance.

Blocked supply, lagged approvals escalating house prices: NHFIC
Wage growth challenges 2022 cash rate hike: Bluestone

The latest ABS wage growth data has left an economist with Bluestone unconvinced that the RBA will increase rates before 2023.

Wage growth challenges 2022 cash rate hike: Bluestone
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