ASIC seeks input on responsible lending

In response to changes in technology and the release of Hayne’s final report of the royal commission, Australia’s corporate regulator has deemed it timely to review and update its guidance around responsible lending.

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.