Industry Body: RBA

171 posts

The Reserve Bank of Australia

House prices in Australia are up in the June Quarter, particularly for higher value homes.

Australian house prices rose 2.8% across the June quarter: CoreLogic

Most capital city house prices in Australia are showing signs of recovery from lows experienced late in 2022.
maximising your borrowing capacity and serviceability

Ways to maximise your serviceability in a tough borrowing market

Cutting down on that takeaway coffee, or sticking to just one streaming service will be a step in the right direction, according to Lloyd Edge.
Construction costs in Australia hit a new low feature

Cost of building a house in Australia improves

Although building construction costs are easing, uncertainty continues to plague the market.
michele bullock appointed as rba governor by tresurer jim chalmers

Michele Bullock appointed as new RBA Governor

Michele Bullock will take over from Philip Lowe as the Reserve Bank of Australia’s Governor. She commences her term in September this year.
Image of house balancing out money

Mortgage repayments doubled for some, with financial stress at worrying highs

Many mortgage holders are struggling to keep up with their increasing home loan repayments.
interest rates on hold at 4.10 per cent for july 2023

Australian property market confidence restored as RBA keeps interest rates at 4.10%

Residential real estate sees moods lift, but it is a mixed and cautious reaction for commercial real estate.
philip lowe rba

Interest rates on hold again: RBA leaves official cash rate at 4.10%

This is the second pause since April 2023.

Variable home loan rates compared between lending sources

It’s usually more cost-effective and simpler to refinance on a variable rate as opposed to a fixed rate

Fixed home loan rates set to expire and end the era of cheap money

Over one in two Aussies wished they fixed their low fixed rates in for longer
philip lowe rba

RBA increases the cash rate to 4.10%

Confirming many predictions of another hike, the RBA has decided to increase the cash rate target by 25 basis points

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