New term deposit top rate hits the market ahead of RBA meeting
A term deposit surprise hit the market this week, as Credit Union SA set a new top rate while other banks lowered t...
Is the peak in mortgage interest rates behind us?
In a relatively quiet week for home loan rate movements, a couple of customer-owned banks slashed variable rates, potentially a sign of sunnier days ahead fo...
Perth, Adelaide lead price rises in the cheaper end of the home market
Affordable home owners are getting more value for their money compared to those who own luxury properties, according to latest findings.
‘Tay-flation’ no match to inflation: Australian households tighten the purse strings
Aussies’ willingness to open their wallets for Taylor Swift concert tickets was not enough to lift household ...
Australia's residential real estate continues full market recovery
Australia’s residential real estate continues to display robust recovery after recording another rise in home...
Banks slash term deposit rates leaving top rates behind
One of Australia’s biggest banks along with several other providers further dropped term deposit rates.
Lenders lower home loan rates anew
It has been another week of huge drops in home loan rates, offering a bit of good news to homebuyers and refinancer...
Slow economic growth keeps the nation in a year-long per capita recession
Australia’s sluggish economic growth in 2023 wasn’t enough to pull the country up from the per-capita r...
Housing shortfall spurs stiff competition for homes, even for run-down properties
As Australians grapple with a housing shortage, building approval figures released by the ABS point to worsening co...
Mortgage lenders teeter on rate hikes and cuts
It has been another week of home loan lenders teeter-tottering between hiking and cutting rates, leaving borrowers ...
Home values pick up speed in February as market outlook improves
The positive shift in market conditions is driving Australia’s property prices up, with another 0.6% gain pos...
Rising interest rates put a strain on mortgage borrowers
Increased interest payments drove more Aussies to take on home loans in January, a report revealed.
Regional property market heats up as demand in capital cities cools down
House prices in regional Australia have accelerated faster than in capital cities with two coastal towns posting th...
Home loan rates continue to trend lower amid rate cut call
ING and AMP Bank led other mortgage lenders in dropping the interest rates on their home loan products this week. <...
Riding the term deposit rate rollercoaster: Several cuts, a few hikes
In what could be a reflection of the Reserve Bank’s neutral stance on the cash rate, term deposit products ha...
Time to save for deposit shortens for first home buyers
The path to a first home is a long one, but new data shows saving for a deposit is now a few months quicker on acco...
Wages growth accelerates faster than inflation over 2023
Wages growth in Australia outpaced the annual rate of inflation in 2023, the latest data from the Australian Bureau of Statistics (ABS) revealed.
Renters turn to shared housing to overcome supply hurdles
More and more renters are turning to alternative living setups as they grapple with the ongoing housing supply chal...
Australian Competition Tribunal green lights ANZ’s buyout of Suncorp bank unit
ANZ Group’s $4.9 billion acquisition of Suncorp’s banking arm was authorised by the Australian Competition Tribunal, overturning the decision of ...
Fintech platform helps employees cash out annual leave balance
Fintech platform Subi allows Aussies to cash in on outstanding annual leave balance.
Mortgage rates slide down in anticipation of earlier-than-expected RBA cut
Several lenders continue to drop interest rates on their home loan products amid the release of more data reinforci...
Term deposit rates slashed following upside unemployment surprise
This week's data appears to have dampened the likelihood of further cash rate hikes, meaning term deposit interest rate cuts might be a theme of 2024.
Unemployment rate hits a two-year high in January
Australia’s unemployment rate hit a two-year high as it climbed 4.1% on a seasonally adjusted basis, the late...
Record home prices defy economic indicators – here's why
When it comes to relationship breakdowns in Australia, nothing has been more apparent in recent months than the decoupling between home values and housing ma...
