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.
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.
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…
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.
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.
Loans.com.au, 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.
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.
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%.
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.
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.
