After the RBA’s most aggressive tightening cycle in over 30 years, top experts surveyed by The Australian Financial Review predict only two further rate hikes in 2023 as the RBA pauses to evaluate the effects of the fixed-rate mortgage cliff. According to CoreLogic’s...
The festive season is a time for giving. But unfortunately, it’s also the time of year when we are targeted by scammers. According to the ACCC’s Scamwatch, scams have cost Australians nearly half a billion dollars so far this year – already $150 million more than in...
This month Super funds announced plans to invest $41 billion in properties over the next 10 years in line with the government’s housing accord. According to the Industry Super Australia report though, one of their biggest roadblocks will be insufficient large-scale...
The RBA increased the cash rate by a further 25 basis points this month, bringing it up to 2.85%. Current rates are still considered modest by economists in light of the highest inflation on record in three decades. The new Labor government has delivered its first...
Australia’s house prices continue to fall, driven by reduced lending capacity and rising interest rates, which currently linger between 4% and 5%. According to Capital Economics Marcel Thieliant, this trend is set to continue as central bank looks to cool inflation....
This month’s interest rate rise of 0.5 per cent marked the RBA’s fifth consecutive rate rise, taking the cash rate to 2.35 per cent for September. This takes the cash rate to its highest level since December 2014 and prompts questions of how long rate rises will...
