Economy

News and updates on the Australian economy and world markets that impact on the Australian economy.

Soft April home values and expectations of lower interest rates point to a further improvement in housing affordability

 Mortgage One - Tuesday, May 01, 2012

Rismark Home Value Index Release   Read more

Lenders cut fixed rates

 Mortgage One - Monday, April 16, 2012

 Less than 24 hours after Citibank announced it would cut the interest on its three year fixed rate to 6.25% and a free rate lock for 60 Days.   Read more

11 – 0: The RBA Keeps Rates on Hold for the Eleventh Straight Month.

 Mortgage One - Tuesday, October 04, 2011

The RBA kept rates on hold, again, as expected in October, but is progressively becoming more dovish in tone. The RBA has now hinted at the possibility of cutting rates if needed.   Read more