Landlord’s market as property investor lending swells
Lending to investors continues to lead the charge and outpace home loans taken out by owner-occupiers.
Lending to investors continues to lead the charge and outpace home loans taken out by owner-occupiers.
A mixed set of inflation numbers are unlikely to move the needle for the Reserve Bank as it weighs interest rates and persistent price pressures.
Higher rents are weighing heavily on Australians receiving government support payments as all households experience rising living costs.
Mortgage-holders appear to have avoided another interest rate hike, in a welcome development for the federal government with an election on the horizon.
Australia's inflation rate has clocked its first annual increase in 18 months but borrowers can breath easy as it was unlikely to trigger another rate hike.
After hitting inflation hard and early, the Bank of Canada is already cutting rates while their dovish Australian counterparts contemplate another rate hike.
A Queensland Greens plan to cap prices for essential groceries is set to save households cash at the checkout but an expert has warned it may lead to shortages.
The Reserve Bank's outlook on inflation is little changed and more data is needed to build a fuller picture of the economy, the deputy governor says.
After a long wait and much political tussling, the stage three tax cuts are finally about to come into effect - and not a moment too soon.
Surprisingly strong inflation has resurrected the possibility of another interest rate hike in an unsettling development for squeezed borrowers.
The threat of inflation has not been neutralised and the Reserve Bank is still prepared to pull the trigger on another interest rate hike if needed.
The pressure on Australia's economy from higher interest rates justifies the decision not to deliver a "slash and burn" budget, Treasurer Jim Chalmers says.
Expectations for an interest rate cut in 2024 have been given a boost by US consumer prices increasing less than expected in April.
Rising wholesale costs, high oil prices and a weak Australian dollar have pushed fuel prices to new highs in Australia's capital cities.
Consumer price growth is coming off the boil but some key essential goods and services are still painfully elevated.
A larger-than-expected slowdown in the inflation rate has all but assured there will be no change in interest rates at the Reserve Bank's meeting next week.
Surprisingly lower inflation growth has given mortgage holders renewed hope interest rates won't be lifted again in February.
Economists are sounding the death knell for the sharpest interest rate tightening cycle since the 1980s after inflation dropped faster than expected.
Christmas will be less merry than usual for many Australians, with a union poll showing a sizeable number of people plan to spend less on lunch and presents.
Public transport fares in Victoria will rise by up to 60 cents a day but the state government insists the hike is modest and needed to keep pace with inflation.
Borrowers have been spared more cash rate pain at the final Reserve Bank of Australia policy meeting of the year.
Christmas ham has become a political issue with a minister urging supermarkets to freeze its prices as the major chains face an inquiry into price gouging.
Three of Australia's biggest banks have hiked interest rates in response to the Reserve Bank's latest cash rate increase.
Mortgage-holders have been hit with another interest rate rise as the Reserve Bank intensifies its fight against inflation.
Australian borrowers could be hit with another interest rate hike at a closely run Melbourne Cup Day cash rate call.
The uptick in cost and price pressures plaguing businesses looks to have been temporary in a promising sign for the inflation outlook.
The uptick in cost and price pressures plaguing businesses looks to have been temporary in a promising sign for the inflation outlook.
The Reserve Bank of Australia appears comfortable with the inflation outlook but there are concerns about petrol prices and a weakening Chinese economy.
A solid slowdown in the inflation rate could be enough to convince the Reserve Bank to keep interest rates on hold for a second consecutive month.
Borrowers will welcome a break from interest rate hikes as Australia's central bank opts to keep the official cash rate steady at 4.1 per cent.
The battle against inflation is not over yet as the Reserve Bank board hikes again and takes the cash rate to its highest level since April 2012.