Resources: Market Update
- March 2010
HOME LOAN APPROVALS FALL IN JANUARY Posted 10/03/10 Data from the Australian Bureau of Statistics showed home loan approvals plummeted by 7.9 per cent in January, the biggest fall since June......
- February 2010
RBA LEAVES AT 3.75% Posted 03/02/2010 In a move that has surprised many the RBA decided to leave the cash rate unchanged at 3.75%. Most analysts had tipped a rate increase of......
- January 2010
CHIEF ECONOMIST BELIVES RATE RELIEF CLOSE Posted 26/01/2010 In a new report from Access Economics Chris Richardson predicts interest rates will increase by 1% this year, however in order......
- December 2009
ANZ & CBA MOVE ON RATES Posted 07/12/09 The ANZ have just announced it will increase its rates by 0.35%, 10 basis points above the RBA's Bank's 0.25% cash rate rise on......
- November 2009
BIG FOUR MOVE ON RBA DECISION Posted 06/11/09 As expected the RBA lifted rates by 0.25% for the second consecutive month, raising the official cash rate to 3.5%. ANZ, CBA, NAB......
- October 2009
OUTLOOK FOR PROPERTY STRONG. Posted 14/10/09 House prices are expected to surge by about 20% between now and 2012, according to the Housing Outlook Report from 2010 to 2012 by mortgage......
- September 2009
LOW DOC LOANS REQUIRE MORE DOC. Posted 24/09/09 Westpac, St. George and RAMS have all tightened up their policy for self-employed borrowers. St George last week announced that low doc home......
- August 2009
ECONOMIC CONDITIONS SOLID. Posted 12/08/09 The Reserve Bank of Australia (RBA) has for the fourth consecutive month left the official cash rate on hold at a 49-year low of three per cent. ......
- July 2009
WILL RATES RISE SHORTLY? Posted 29/07/09 Reserve Bank of Australia (RBA) governor Glenn Stevens has hinted interest rates could rise before an expected peak in unemployment next year. ......
- June 2009
RBA TOLD TO BE CAREFUL. Posted 26/06/09 The International Monetary Fund (IMF) has claimed that the Reserve Bank should take extra caution if it decides to increase the cash rate. In a......
- May 2009
TO FIX OR NOT. Posted 27/05/09 With interest rates at historic lows the dilemma to fix or not to fix is the question that is on a lot of borrower's minds. Each situation needs to......
- April 2009
ST GEORGE RAISES ITS FIXED RATES. Posted 29/04/09 Effective today, St George has raised its three year fixed rates by 0.35% to 5.69% and its four and five year fixed rates by 0.40% to......
- March 2009
WHAT'S GOING TO HAPPEN TO RATES. Posted 21/03/09 As we approach the April RBA meeting, some of the major banks are forecasting a cut in interest rates of 0.25%. With a rise in......
- February 2009
ALMOST 30,000 FIRST HOME OWNER GRANTS APPLICATIONS. Posted 25/02/09 The Housing Minister Tanya Plibersek revealed today that between mid October and the end of January,......
- January 2009
RESERVE EXPECTED TO SLASH RATES AGAIN. Posted 29/01/09 With the latest inflation figures showing the Consumer Price Index falling by 0.3 per cent in the December quarter - the largest......
- December 2008
FIXED RATES HURT MORE THAN 43,000 HOME OWNERS Posted 12/12/08 More than 43,000 home owners who took out fixed interest rates between March & September this year (the highest level in a......
- November 2008
NEW HOME SALES RISE Posted 29/11/08 October has seen the sale of new homes rise strongly. This has coincided with the tripling of the first home buyers grant as well as further cuts......
