economic storm threat

Westpac forecasts 0.75% cash rate – home loan rates to fall below 3%?

Australia’s cash rate is set to plunge to 0.75% by the end of 2019, according to Westpac.

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used vehicle pricing

Research reveals used car prices are cheaper in second half of the year

Analysis of over a decade’s worth of used car pricing data has revealed a number of interesting trends that may be useful for used car buyers.

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signal flare

RBA seemingly all but certain to cut the cash rate in June

The RBA has dropped its biggest hint that rate cuts are on the way next month…

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borrowing power lift

Home loan borrowing power to increase under APRA’s latest proposals

The Australian banking regulator’s proposed changes to how banks assess mortgage applicants could allow households to take out bigger loans.

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house price celebration

Housing affordability records fastest improvement in six years: HIA

Good news for wannabe first home buyers – Australian housing has recorded the biggest quarterly improvement in affordability in nearly six years.

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lenders slash home loan rates, Bankwest, UBank and others slash mortgage rates

With Australia’s central bank widely expected to cut the cash rate in the coming months, more lenders have this week made rate cuts to some of the mortgages on offer.

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unemployment rate lifts

Unemployment rate rises to 5.2%: RBA to cut rates?

Despite a stronger-than-expected rise in employment in April, Australia’s unemployment rate has risen to 5.2% amid a surge in workforce participation.

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stationary wage growth

Wage growth stationary: Annual rate remains at 2.3%

The wait continues for an acceleration in wage growth in Australia, as latest figures show the annual growth rate remains below average at 2.3%.

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melbourne top domestic destination

Melbourne the top destination for domestic travellers

Over 1.5 million Australians plan on spending at least one night in Melbourne on their next trip – more so than any other domestic destination.

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home loan rate cuts

ANZ, Macquarie and others cut mortgage rates despite RBA inaction

While Australia’s central bank continues to sit on its hands, a number of lenders have been busy cutting home loan interest rates this week.

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