Savanth Sebastian news

Restraint urged with RBA’s 3.5% neutral rate call

NEWS

Restraint urged with RBA’s 3.5% neutral rate call

Excitement in the markets around the latest Reserve Bank revelations is premature, according to one leading economist

RBA to make third yearly cash rate call

NEWS

RBA to make third yearly cash rate call

Economists have weighed in on whether the Reserve Bank will hold, raise or drop the official cash rate at today’s board meeting

Over 85% of customers ahead on mortgage payments

NEWS

Over 85% of customers ahead on mortgage payments

A major bank has dismissed housing bubble rumours, pointing to positive characteristics of its loan book and customers

Home loan approvals surge despite rate hike threat

NEWS

Home loan approvals surge despite rate hike threat

The number and value of mortgages taken out in November has shot up in spite of looming interest rate changes at the time

NEWS

Reserve Bank slashes cash rates to all-time low

In a move that will likely come as a surprise to many the Reserve Bank of Australia has elected to cut the official cash interest rate following today’s board meeting

NEWS

Rising temperatures could force the RBA to cut rates

As Australian temperatures heat up heading into summer, a global investment bank says our scorching temperatures could impact economic growth and put pressure on the RBA to cut the cash rate to a new record low

NEWS

Rate hikes lifting chance of cash rate cut

The moves by the major banks to increase home loan rates will give the Reserve Bank scope to cut the cash rate below 2%

NEWS

Unemployment at 12-month low

The unemployment rate looks to have finally topped out, as the latest jobs data reveals it has hit a 12-month low in May

NEWS

Home loan lending records strongest annual growth in over four years: RBA

Home loan lending has recorded the strongest annual growth in over four years, but the Reserve Bank is still likely to maintain an easing bias

NEWS

Popular budget and low rates boost consumer confidence

The latest consumer confidence survey reported the biggest post-budget lift in eight years, however the survey suggests interest rate cuts may be losing their ability to stimulate the market

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