Chronic undersupply pushes property prices up 0.6%
Australian property prices continue to rise unabated, hitting another record high amid insufficient supply.
Banks boost term deposits ahead of expected RBA rate cut delay
Three banks joined the ‘5% p.a. club’ this week after hiking the rates on their term deposit products.<...
Big home loan lenders drop variable rates
Two of the country’s major home loan lenders cut variable rates ahead of the reveal that the inflation rate came in hotter than anticipated.
Australia’s headline inflation heats up in March quarter
Headline inflation in Australia rose faster than expected in the March quarter, dimming hopes the RBA will deliver ...
To what extent did pandemic-era RBA policies affect the home loan market?
New RBA research found the increase in the average mortgage rate lagged behind the recent cash rate hikes.
NAB rate reduction shakes up home loan market
The country’s third-biggest lender National Australia Bank (NAB) slashing its variable home loan rates by mor...
Australia’s jobless rate lifts to 3.8% in March
New ABS jobs data revealed Australia’s unemployment rate rose to a seasonally adjusted 3.8% in March, suggest...
NAB's lower variable home loan rates reflect pricing strategy revamp
National Australia Bank (NAB) has dropped the advertised rates on its discounted variable home loan to better reflect the actual rates borrowers pay.
CommBank & Bendigo Bank-backed lenders shake up the mortgage space
Considering buying a new property? There’s been good news from CommBank’s competitively-priced digital ...
New term deposit market leader emerges in a quiet week of rate movements
A new top rate emerging for six-month term deposits livened up a relatively quiet week for TD rate changes. ...
Rent prices across capital cities hit fresh highs
Good news for investors, bad news for renters: Australia’s nationwide house and unit rental prices soared to new record highs as vacancy rates remain a...
Inflation, cash rate woes lead to prolonged consumer pessimism
Australian consumers are becoming more and more pessimistic as they grapple with persistent cost-of-living pressures and high interest rates.
Banks, customer-owned institutions adjust home loan rates
The first week of April welcomed more home loans breaching the 5% rate level.
Short term deposits bear fruit as banks push up rates
More banks are incentivising savers to choose a short-term product, with rates on some now north of 5% p.a.
Australia’s housing shortage worsens as building approvals dip 1.9%
Building approvals continued to disappoint as fresh data from the Australian Bureau of Statistics (ABS) revealed ne...
Another month, more home price growth: Values hit new record of $772k
Despite rate hikes and cost-of-living pressures, Australia’s property market maintained its steady climb with a 1.6% rise in prices in the first quarte...
Term deposit rates yo-yo in shadow of RBA’s neutral stance; new market leaders emerge
Despite the broadly expected RBA rate cuts in the mid-year, two banks have chosen to increase their offered rates o...
The Mac & Bank First slash home loan interest rates
Growing anticipation of a cash rate cut appears to have driven more lenders to slash fixed rates, offering an advan...
Australia’s inflation rate unswayed by the ‘Taylor Swift effect’
Australia’s inflation rate remains unchanged for the third consecutive month, fuelling hopes the RBA would fi...
Concerns over rate hikes dampen consumer confidence
Sentiment among Australian consumers declined following the Reserve Bank of Australia’s (RBA) less-than-reass...
Few movements in home loan rates following RBA hold
The local mortgage market’s subdued sentiment towards RBA’s cash rate hold was evident in this week’s scant movements on home loan rates.
RBA holding steady clouds term deposit rate movement machine
The RBA's cash rate hold this week, and a refusal to kotow to calls to cut any time soon, has led to a wishy-washy period for term deposit movements.
More Australians returning to work eases jobless rate to 3.7%
ABS February jobs data revealed the unemployment rate slowed slightly after breaching the 4% threshold as more Aussies returned to work.
Which Australian cities have the most expensive land prices per square metre?
Australian homeowners now own less land relative to the price per square metre, with land values in major cities ri...
