• Australian Associated Press3 days ago

    ING lifts investor mortgage rate by 0.15pc

    ING has become the latest lender to hike interest rates with investor customers facing a 0.15 per cent lift.

  • Unemployment rate steady at 5.3% in August
    Australian Associated Press10 days ago

    Unemployment rate steady at 5.3% in August

    The unemployment rate has remained at 5.3 per cent in August, with the number of people with jobs growing by 44,000.

  • Australian Associated Press11 days ago

    Politics hurting consumer confidence

    Political upheaval in federal politics and mortgage rate hikes by most of the big banks has dealt a blow to consumer confidence in September.

  • Australian Associated Press13 days ago

    NAB opts against mortgage rate hikes

    NAB is keeping its variable mortgage rates on hold despite moves by its big four rivals to hike costs in response to funding costs.

  • Australian Associated Press17 days ago

    ANZ and CBA lift home loan rates

    Commonwealth Bank has followed its rivals in lifting variable mortgage rates and, like Westpac and ANZ, is pleading increased funding costs.

  • Australian Associated Press17 days ago

    Commonwealth Bank lifts mortgage rates

    Commonwealth Bank has followed its rivals in lifting variable mortgage rates and, like Westpac and ANZ, is pleading increased funding costs.

  • Australian Associated Press19 days ago

    RBA upbeat but cash rate stays at 1.5%

    The Reserve Bank has held the cash rate steady at 1.5 per cent and RBA Governor Philip Lowe says wages growth has finally "picked up a little".

  • Australian Associated Press20 days ago

    Retail spending flat in July

    A lacklustre result for retail spending in July has come in short of market expectations and pushed the Aussie dollar lower.

  • Australian Associated Press20 days ago

    Australian home prices fall in August

    The property market continued to slow in August even before Westpac lifted its mortgage rates, latest data shows.

  • Westpac rivals 'holding off' on rate hikes
    Australian Associated Press24 days ago

    Westpac rivals 'holding off' on rate hikes

    With regulators watching and growth in check, Westpac's major rivals may not rush to follow the lender's move to raise variable mortgage rates.

  • Australian Associated Press25 days ago

    Westpac to hike mortgage rates

    Westpac is raising variable home loan rates to 5.38 per cent for owner-occupier properties, and 5.93 per cent for investment properties.

  • Westpac rate hike fuels ASX gains
    Australian Associated Press25 days ago

    Westpac rate hike fuels ASX gains

    Australian stocks have gained after a surprise mortgage rate hike by Westpac triggered a surge in the banking sector.

  • Rates seen steady as RBA targets stability
    Australian Associated Presslast month

    Rates seen steady as RBA targets stability

    The Reserve Bank of Australia has stressed that keeping rates at 1.50 per cent would help reduce the jobless rate and lift wage growth over time.

  • Australian Associated Presslast month

    Unemployment rate eases to 6-year low

    Australia's unemployment rate has slipped to 5.3 per cent in July, its lowest level in six years, beating expectations.

  • Australian Associated Presslast month

    Weak spending, wages still worry RBA

    Below-average wage growth and limp consumer spending continue to worry the Reserve Bank of Australia.

  • Australian Associated Press2 months ago

    Immigration helps Australia: RBA governor

    RBA governor Phillip Lowe says Australia's surging population is one reason the economy is performing well and migrants are driving much of that growth.

  • RBA holds cash rate at 1.5%
    Australian Associated Press2 months ago

    RBA holds cash rate at 1.5%

    The Reserve Bank has held the cash rate steady at 1.5 per cent.

  • Sydney home prices drag down Aus average
    Australian Associated Press2 months ago

    Sydney home prices drag down Aus average

    Nationwide property values have posted their first annual slide in six years, driven largely by falling house prices in Sydney and Melbourne.

  • Australian Associated Press2 months ago

    Here's why the Aussie dollar is down again

    Our currency has been knocked back time and time again, and this week is no different.

  • Inflation to keep RBA sidelined on rates
    Australian Associated Press2 months ago

    Inflation to keep RBA sidelined on rates

    Australian consumer prices rose 0.4 per cent in the June quarter, just missing market expectations of a 0.5 per cent rise.

  • Australian Associated Press2 months ago

    Housing 'credit crunch' poses risk to economy

    Australia's economy is good but not great; with one state in particular at risk if there is a clampdown in housing lending.

  • Winter weather hits auction activity
    Australian Associated Press2 months ago

    Winter weather hits auction activity

    Australia's auction clearance rate dropped to 55.8 per cent last week, from 69.4 per cent over the same period last year, according to CoreLogic.

  • Housing confidence dives to two-year low
    Australian Associated Press2 months ago

    Housing confidence dives to two-year low

    Confidence in Australia's housing market has fallen to a two-year low, according to NAB's residential property survey, as the bank slashes its price forecasts.

  • AMP flags out-of-cycle mortgage rate hikes
    Australian Associated Press2 months ago

    AMP flags out-of-cycle mortgage rate hikes

    AMP is the latest lender to impose out-of-cycle mortgage rate hikes in a move that could put further pressure on the housing market.

  • Surprise May jump in home loan approvals
    Australian Associated Press2 months ago

    Surprise May jump in home loan approvals

    The number of home loan approvals rose in May, beating market expectations, the latest Australian Bureau of Statistics housing finance figures show.