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.
Latest CPI figures spells "good news for home buyers and renters" says industry body
The Real Estate Institute of Australia (REIA) says the latest CPI figures brings good news for renters and home buyers, as interest rates remain stable.
The June 2018 quarter CPI figures released by the Australian Bureau of Statistics (ABS) yesterday holds good news for renters, says the Real Estate Institute of Australia (REIA).
Rates on hold, but housing affordability remains 'hotly debated'
The Reserve Bank has left interest rates at historic lows as economic conditions improve, but the property industry says other measures are required to improve housing affordability.