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.
News
Growth in mortgage broking deals
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20 February 2015
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.
RBA says housing market needs to be watched closely
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19 February 2015
The housing market needs careful monitoring according to an overwhelming number of members of the Reserve Bank Board.
Australia's unemployment surges again
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13 February 2015
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.
Could first-home buyer stats error push up interest rates?
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11 February 2015
As reported last week, the Australian Bureau of Statistics has admitted it had under-reported the first-home buyer share in Australia’s property market, and one prominent aggregator head says it could even push up interest rates.
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