Business conditions have remained flat since falling sharply in December according to the recent NAB survey and it has the bank predicting interest rates to be on hold until 2020.
News
Hobart and Gold Coast property markets benefitting from major city house price downturn
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13 February 2019
Hobart and the Gold Coast’s property markets are starting to benefit from the price downturn in Melbourne and Sydney.
RBA's next move on rates could be down rather than up as they keep them on hold for another month
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07 February 2019
While the chaos of this week’s banking royal commission final report has attracted most attention in the finance industry, the RBA this week kept interest rates on hold at 1.5 per cent for another month in its first cash rate announcement for the year.
Mortgage brokers reeling after Hayne Commission final report
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06 February 2019
Mortgage brokers are reeling and angry today after the banking royal commission final report put the industry on shaky ground.
Lenders widen gap between discount floating and fixed rates to guard against possible RBA rate cut
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31 January 2019
Lenders are preparing for a possible interest rate cut from the RBA by letting the discount rate between floating and fixed rates widen by up to 30 per cent.
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