RBA holds rates steady at 1.50% Australia’s central bank has held the cash rate at 1.50% for the 30th meeting in a row. By Dominic Beattie ● May 07, 2019
Rental vacancies on the rise in April Rental vacancy rates rose in every capital city in April, according to the latest data from Domain. By William Jolly ● May 03, 2019
Dwelling approval figures collapse in March After an unexpected rise in February, the number of new dwellings approved in March fell by a seasonally adjusted 15.5%. By William Jolly ● May 03, 2019
Australians paying record amount of property tax Australian homeowners are being taxed more than ever before on their properties, according to the latest data from the Australian Bureau of Statistics By William Jolly ● April 30, 2019
Annual housing credit growth sinks to another record low For the first time since records began in 1977, annual housing credit growth in Australia has slumped below 4%. By Dominic Beattie ● April 30, 2019
Westpac disregards May RBA rate cut expectations Westpac Chief Economist Bill Evans still expects the RBA’s first rate cut in years to come in August, not next month as many others are predicting. By William Jolly ● April 29, 2019
Quarterly inflation hits zero, May RBA rate cut looks more likely Australia’s latest set of inflation figures have underwhelmed economists, sparking fierce calls for the nation’s central bank to cut interest rates as soon as next month. By Dominic Beattie ● April 24, 2019
Remaining majors join fixed-rate cut trend Majors and non-majors are scrambling to keep their rates competitive after Westpac and CBA recently implemented significant rate cuts. By Emma Duffy ● April 23, 2019
RBA rate cuts ‘may have to wait’: March employment data smashes expectations Despite Australia’s unemployment rate rising 0.1% points to 5%, employment growth in March was relatively strong, surprising many economists. By Dominic Beattie ● April 18, 2019
Real unemployment figure jumps to 10.9% The number of unemployed Australians has skyrocketed to 10.9% according to Roy Morgan Research. By Emma Duffy ● April 17, 2019