The Reserve Bank has long been staunch on interest rates remaining where they are until 2024 at least, but economists are starting to disagree.
News
Affordability a hurdle for unit dwellers looking to start a family and upgrade
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20 October 2021
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.
Economists say APRA's new lending restriction effectively a market interest rate hike for borrowers
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08 October 2021
Economists say APRA’s new lift to the borrowing interest rate buffer will slow house price growth and is effectively an interest rate hike.
APRA clamps down on borrowing
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07 October 2021
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.
Non-bank lending to small business on the rise
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30 September 2021
A new Productivity Commission report has found that non-bank lending is on the rise.
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