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Economy

Steven Miles to be appointed next Qld Premier 

The former deputy will soon assume leadership of the state, after his only competition has withdrawn their candidacy.

LATEST PODCAST: Is NAB’s home loan banker move trying to replicate broker success?

The Mortgage Business Uncut podcast is your weekly analysis of the biggest themes shaping the Australian mortgage market.

Affordability at ‘new lows’: REIA

Surging housing and rental prices and rising interest rates have exacerbated housing affordability conditions, REIA has found.

Treasurer, RBA reveal conduct of monetary policy statement

The statement has emphasised the government’s commitment to an independent Reserve Bank as well as outlining the objectives of monetary policy.

Household savings drop to lowest level since 2007: ABS

Increased interest rates, inflationary pressures, and tax offset removals have eaten away at household savings, the ABS has found.

Serviceability resilience ‘surprising’ in high rate environment: CoreLogic

Households have remained resilient in servicing increased mortgage costs despite interest rate rises, CoreLogic’s head of research has said.

Signs of credit risk improve despite higher rates

Credit risk has shown a positive turnaround towards the end of 2023, despite rising interest rates, new data has found.

Christmas comes early: RBA holds

The central bank has held the official cash rate steady in the lead-up to the holiday season.

LATEST PODCAST: The final rate call of the year

The Mortgage Business Uncut podcast is your weekly analysis of the biggest themes shaping the Australian mortgage market.

Rate hike reprieve likely for December

Predictions from the big bank economists and markets have foreseen interest rates to hold steady in December.

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