October 29, 2021
The nation’s inflation rate has hit a six-year high
After what seems like an eternity there are signs of life from the nation’s inflation figures and it could mean interest rates start heading north.
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October 20, 2021
Affordability a hurdle for unit dwellers looking to start a family and upgrade
The gap between unit and house prices in Melbourne continues to widen and it’s making things difficult for some people looking to upgrade from their little unit to a bigger space.
October 8, 2021
Economists say APRA’s new lending restriction effectively a market interest rate hike for borrowers
Economists say APRA’s new lift to the borrowing interest rate buffer will slow house price growth and is effectively an interest rate hike.
October 7, 2021
APRA clamps down on borrowing
The regulator has stepped in with new rules that make banks check if borrowers can afford repayments if the interest rate was 3 percentage points higher than the loan product rate, which is a rise from the 2.5 per cent previously.
September 30, 2021
Non-bank lending to small business on the rise
A new Productivity Commission report has found that non-bank lending is on the rise.
September 29, 2021
A new round of lending restrictions are on the cards to ease surging house prices
Hot housing markets around the country look set to attract a crackdown from the Treasurer Josh Frydenberg.
September 17, 2021
Melbourne city offices effectively sitting empty until lockdown lifts
Melbourne’s city office towers are basically sitting empty as the state capital rides out the current coronavirus lockdown.
September 15, 2021
Reserve Bank insists low interest rates are here for years
The Reserve Bank governor Philip Lowe says he’s confident the Australian economy will bounce back strongly from the extended eastern states lockdowns and insists interest rates will remain low for years to come.
September 9, 2021
Banks are slashing variable rates as the RBA keeps the official cash rate on hold again
The Reserve Bank has kept the official cash rate on hold again this month, but it hasn’t stopped banks from slashing variable mortgage rates to try and lure customers.
September 2, 2021
End of HomeBuilder scheme sees drop in new home build approvals
The end of the HomeBuilder government incentive scheme has seen a sharp drop in new dwelling approvals.