Making news this week (ending 25 November)

‘Temporary inflation episode’, so history doesn’t repeat: RBA

While current high inflation came as ‘a shock’, its pressure could get ‘more variable’, the central bank has warned.

‘Mortgage stress’ highest since pre-pandemic

There are signs that financial stress caused by higher mortgage debt and rising interest rates has started to show.

RBNZ delivers biggest rate hike yet

New Zealand’s central bank raised the official cash rate by a record 75 bps to 4.25 per cent.

BNPL needs “guardrails around it”, Gallagher says

Buy now, pay later providers could fall under the same regulations as credit cards, as the government pushes new regulation.

1 week left to submit for Mortgage Business Awards

Submissions for the inaugural Mortgage Business Awards are closing next week, so get your video submission in now!