January 22, 2016
Australia’s unemployment surges again
The surprise drop in Australia’s unemployment rate in December has proved an anomaly with the figure surging back up to 6.4 per cent in January.
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January 22, 2016
RBA says housing market needs to be watched closely
The housing market needs careful monitoring according to an overwhelming number of members of the Reserve Bank Board.
January 22, 2016
Growth in mortgage broking deals
Brokers account for nearly two thirds of the growth in the home loan market over the last year but their share of the entire mortgage market dropped in the December quarter.
January 22, 2016
Leading economist speaks out against cutting rates
When our economy is sluggish and it needs a kick along the best way to initiate activity is to cut interest rates right? Wrong, according to one of Australia’s leading economists.
January 22, 2016
RBA keeps rates steady as Melbourne’s property market starts to fire
The RBA surprised a few pundits yesterday when they left interest rates unchanged at 2.5 per cent.
January 22, 2016
February rate cut sparks home loan growth as rates stay steady in March
The country’s biggest mortgage broker, AFG, has reported a 16 per cent jump in the value of home loans processed last month after interest rates were cut quarter of a per cent back in February.
January 22, 2016
Murray: Australia needs limits on lending
The Abbott Government’s financial systems inquiry head David Murray says Australia needs to introduce limits on borrowing.
January 22, 2016
Foreign investors keeping the spark in Melbourne’s inner-city apartment market
The large and continually growing supply of apartments in Melbourne is failing to deter offshore investors.
January 22, 2016
Pressure remains on RBA to cut rates despite fall in unemployment
Pressure on the RBA to again cut interest rates has eased slightly after unemployment figures released from the Australian Bureau of Statistics for February show a small drop.
January 22, 2016
Home renovations all the rage as property market heats up
The robust property market and rising prices are seeing more Aussies turn to home renovations.