RBA
Rate hikes could help home buyers: RBA
21 September
It takes around two years for elevated interest rates to dampen house prices enough to offset higher mortgage repayments, a senior RBA official says. Interest rate hikes diminish the amount buyers can borrow, which the Reserve Bank of...[Read More]
Consumer spending slowdown starts to show
14 September
Rate hikes and the soaring cost of living are finally starting to weigh on household spending. Non-essential outgoings decreased in August, according to CommBank’s household spending intentions index, with sectors such as travel,...[Read More]
RBA’s ‘past decisions’ under scrutiny
14 September
A parliamentary committee will grill the head of the Reserve Bank over the central bank’s past decisions. Australian mortgage holders have endured five rate rises as the RBA seeks to bring inflation under control, with the central bank’s...[Read More]