Australian economy locked into slow growth in 2020: Deloitte

With wage growth stagnant, unemployment unlikely to fall, and the economic cost of bushfires and drought to soar well into the billions, Australia's economy could be treading water, rather than roaring into recovery in 2020.

BCU raises home loan interest rates, while Aussie, Newcastle Permanent cut

With the RBA slated to cut interest rates in February, a few lenders appear to have gotten ahead of the curve, with Aussie making sweeping cuts across many of its home loan products this week while Newcastle Permanent and BCU also moved rates on several products.