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Economy

Mortgage stress expected to fall in the wake of stage 3 tax cuts

According to recent data, more than 1.5 million Aussies are at risk of being affected by mortgage stress. However, with stage 3 tax cuts on the horizon, these numbers are predicted to ...

Monthly CPI surges

The ABS has revealed a lift in the monthly CPI for May 2024.

Loan discharges have increased: RBA

Borrowers are opting to deleverage due to higher interest rates, the RBA has revealed.

The silver lining in rising financial hardship reports among borrowers

After a challenging couple of years for the economy and many Australians’ finances, there is a silver lining emerging in the financial services sector that comes from an unlikely place, ...

How will stage 3 tax cuts increase borrowing capacity?

With the stage 3 tax cuts soon to come into effect, Aussie Home Loans has revealed new research analysing its potential effect on borrowing capacity.

Rate hike considered; rate cut was not

Michele Bullock has confirmed the RBA considered hiking rates in June, while a rate cut was not discussed.

RBA calls June cash rate

The central bank has announced its decision following its June monetary policy meeting.

RBA to hold the line in June decision

Another cash rate hold is expected ahead of the central bank’s June monetary policy meeting.

Unemployment rate slightly down: ABS

The number of workers waiting to start or return to their jobs in May has caused a small drop in unemployment, the ABS has revealed.

Mortgagor spending eases month on month: Major bank

New research has found mortgage holders have curbed their spending in May from the previous month.

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