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...
RBA leaves cash rate unchanged as expected
The Reserve Bank of Australia (RBA) wrapped up its two-day policy meeting by keeping the cash rate at 4.35% until May.
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...
