Tag: interest-rates

An expert warned that the rental crisis affecting the country is set to “get even worse”, as the Reserve Bank’s rapid rate rise cycle continues to have a “crippling impact” on lending to property investors. The latest data from the Australian Bureau of Statistics (ABS) showed lending to property investors fell by a...

In the words of Bob Dylan “ The Times They Are A Changin ”. We are coming out of a once in 100 year pandemic and an unprecedented period of record low interest rates. Inflation in most countries has soared to multi-year highs driven by a strong rebound of economic activity which has caused further disruptions to the...

I believe the next interest rate move will be down a timid 0.25 per cent. to 1.25 per cent. The Reserve Bank of Australia (RBA) is drip feeding us! The RBA should drop rates straight to 1 per cent and announce that banks must pass it on in full. If the Australian dollar rises (which the chart says it will!), it will...

It’s been a triple bill week for Australia this week: Federal Budget, RBA Rate Cut, Double Dissolution of Parliament. A Vanilla Flavoured Budget The Honourable Scott Morrison has delivered a minimum target Federal Budget that displeases no-one to any major degree – a budget that will most likely ensure re-election of...

The incoming CEO of ANZ, Shayne Elliot, was highlighting just the other day how they want to grow their mortgage business, particularly in NSW. Well, here is your chance ANZ! Westpac, maligned by parliamentarians as being greedy, raised mortgage rates earlier last week. If our banks are not an oligopoly,  then surely...