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Borrower
Housing finance hits seven year low
by Staff Reporter • 9 Oct 2008
Home loan approvals fell to a seven year low in August as the official cash rate peaked at 7.25 per cent. ABS data...
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RBA slashes rates by 100bps
by Staff Reporter • 8 Oct 2008
The Reserve Bank today stunned financial markets with a dramatic 100 basis point reduction to the official cash...
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Credit crisis spreads through Europe
by Staff Reporter • 7 Oct 2008
Fears of contamination from the US credit crisis are rife as the German government leapt to rescue ailing bank Hypo...
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Mortgage industry fears impact of global turmoil
by Staff Reporter • 3 Oct 2008
While reports from the IMF and RBA stress that Australia’s financial system remains solid, the international...
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RBA buys 840m RMBS
by Staff Reporter • 3 Oct 2008
The Reserve Bank is beefing up its purchase of short-term RMBS in a bid to pump life into the Australian...
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Borrowers won?t see 25bp cut: ANZ
by Staff Reporter • 2 Oct 2008
ANZ chief economist Saul Eslake has warned that banks will not pass on any RBA reduction unless it comes at 50 basis...
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Weak building activity puts pressure on affordability
by Staff Reporter • 1 Oct 2008
Building approval data released by the ABS shows weak construction activity has persisted into the second half of the...
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Australian financial system weathers credit crisis: RBA
by Staff Reporter • 25 Sep 2008
The Australian financial system remains largely shielded from the international turmoil that has battered others...
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Strong migration hurts affordability
by Staff Reporter • 25 Sep 2008
The outlook for housing affordability remains bleak as the national population grows at a record pace and construction...
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RBA acts to improve liquidity
by Staff Reporter • 25 Sep 2008
In a move to bolster Australia’s financial sector the RBA has established temporary reciprocal currency swap...
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