Household lending down 15% over year

It’s another sign of the times for Australia’s slowing property market and tightening finance sector.

What consumers think of mortgage brokers

A recently released survey from The Adviser has uncovered the attitudes Australian borrowers have towards mortgage brokers.

RBA changes tune on cash rate expectations

For the first time in a long time, the Reserve Bank Governor Philip Lowe has left open the possibility that the next move in the cash rate could be a cut. In his monthly post-cash rate announcement speech, Dr Lowe took a step back from his usual bullish prediction, instead saying:

RBA keeps cash rate unchanged at 1.50%

The Reserve Bank of Australia has today left the official cash rate on hold at 1.50%, marking the 30th month of no change in a row.