The latest minutes from the RBA’s August meeting show the central bank expects a long period of record-low interest rates while the economy continues to weaken and the global economy suffers through trade wars.
News

Dwellings that have been hanging around on the market for months have started to sell indicating the downturn has finally ended.

In the wake of their big legal win against ASIC this week, Westpac has announced its plan to improve its loan policies.

The nation's financial regulator has moved forward with its plans to scrap the 7 per cent floor for mortgage serviceability assessments.

The Reserve Bank has decided against cutting rates for the third month in a row and has left them at their record-low of 1 per cent.
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