Post Tagged with: "interest rates"
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‘Housing Powder Keg’ to Delay Sharp RBA Rate Hikes : Deloitte
The Reserve Bank will keep official interest rates unchanged until next year, and then only increase borrowing costs slowly, because record mortgage debt has created a “housing powder keg,” Deloitte Access […]
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Major hikes IO rates by 30 basis points
The Commonwealth Bank of Australia (CBA) has announced it will be reducing its owner-occupier standard variable rate for those repaying principal and interest. From 7 July, customers paying off their […]
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APRA’s Lending Crackdown won’t Slow Investors : Analysts
The latest attempts by the banking regulator to cool the housing market will not address financial stability concerns or slow investor lending, analysts say. It comes as the Reserve Bank of […]