Making news this week (ending 26 August)

Scott Morrison to face inquiry for secret ministries 

The former prime minister’s move to appoint himself as minister of several key portfolios, including finance, will be the subject of an inquiry, Anthony Albanese has pledged.

Heartland signs MOU for restricted ADI in Australia 

The reverse mortgage group has made a move to secure an Australian banking business, its financial results revealed. 

Economists expect upswing in house prices by 2024

While Australia’s house prices are in decline, economists are predicting the upswing should kick in by 2024. 

Home values threatened as climate risk looms

The impact of climate change could result in home values being significantly affected, the RBA’s Jonathan Kearns has said.

RBA establishes private sector panel to ‘strengthen dialogue’

The central bank has confirmed a new biannual panel consisting of private sector economists to “strengthen its existing dialogue” with the space.