Monthly Archives: June 2018

Sluggish investor activity driving home loan slump – Mortgagebusiness Online

As read in Mortgagebusiness online – Home loan demand has dropped for the fifth consecutive month, driven by a continual fall in investor lending activity, new ABS data has revealed. According to the latest Housing Finance and Lending Finance data from the Australian Bureau of Statistics (ABS), the total value of dwelling commitments fell by 0.2 of a percentage point in […]

Cash rate stagnation continues – The Adviser

As read in The Adviser online -The Reserve Bank of Australia has today announced the official cash rate for June following its monthly board meeting. The RBA board has again decided to keep the cash rate at a record low of 1.50 per cent, in a move predicted by most industry pundits. The decision once again […]