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Economy

Monetary policy ‘taming the inflation beast’: CreditorWatch

The central bank’s rate hikes appear to be working as intended to mitigate inflation, CreditorWatch’s chief economist has said.

Mortgage serviceability continues to deteriorate: ANZ/CoreLogic

The income needed to service new mortgages on the average dwelling value has increased year on year, a new report has found.

New RBA deputy governor appointed

The newly appointed deputy governor of Australia’s central bank has more than 30 years of experience with the Bank of England.

Women in Finance Podcast: How diversity provides a competitive advantage

Following the Women in Finance Summit and Awards 2023, we’re catching up with some of the leading women in the financial services space.

More rate rises on the horizon? 

Following the RBA governor’s speech where she has said inflation was “increasingly homegrown”, economists are undecided on further rate increases.

Majority of older Australians think they will outlive their savings

Cost-of-living pressures are affecting Australians of every age and occupation. New research, though, has exposed the disproportionate costs for the retirement age population.

RBA reveals reason behind November rate hike

Increasingly persistent inflation has stood as the central cause behind the RBA’s rate hike, the November monetary policy minutes have revealed.

Women in Finance Podcast: The power of having strong female role models

Following the Women in Finance Summit and Awards 2023, we’re catching up with some of the leading women in the financial services space.

Unemployment rate reverses September decline: ABS

Australia’s labour market continues to remain tight, returning to levels seen in previous months, the ABS has found.

Record WPI unlikely to force RBA hike: ANZ

The highest quarterly growth in the WPI will likely not draw any concern from the central bank, the major bank has said.

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