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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... READ MORE
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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... READ MORE
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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... READ MORE
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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... READ MORE
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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... READ MORE
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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... READ MORE
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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... READ MORE
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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... READ MORE
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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... READ MORE
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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... READ MORE