Big four have made $4.7 billion since 2016 from not passing on RBA cuts: research
New research from financial comparison site Mozo has revealed the Big 4 banks’ tactic of holding back some of the RBA’s rate cuts has seen them pocket a $4.7 billion windfall since 2016.
If the recent acceleration in housing value growth is sustained over coming months, we could potentially see additional credit policy levers pulled, aimed at keeping a lid on household debt.
Housing market could help balance out future risks for economy: RBA
Reserve Bank Deputy Governor Guy Debelle has identified positive change within Australia's housing market as a potential offset for future risks to the country's economy.
Good news for homebuyers and renters in latest CPI figures
Australia’s consumer price index update, released on Wednesday, has exceeded economists forecasts, rising by a solid 0.5 per cent in the December 2018 quarter.
