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Annual change in qtrly housing finance commits

Fixed vs Variable… the vast majority prefer to move with the market.

Over the past few months there has been a great deal of speculation about interest rates and whether we are likely to see another rate rise from the Reserve Bank any time soon.  Prior to the most recent RBA meeting, most economists were tipping an August rate rise.  The first Tuesday of August is when […]

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The inflation wildcard

Interest rates may be on hold, but any rise in the June quarter inflation figures is likely to see another rate hike. This month the Reserve Bank (RBA) thankfully decided to keep interest rates on hold, and the wide spread speculation is that the cash rate will remain on hold until early next year.  Australia’s […]

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Stratified hedonic home value index

Where to from here for interest rates?

The Reserve Bank Board minutes that relate to their meeting in the first week of February make an interesting read if you like to keep up to date on the economic state of play.  The minutes provide a relatively easy to digest synopsis of the factors that are deliberated by the Reserve Bank Board as […]

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Annual change in job numbers full time v part time

Strong employment figures set the scene for higher interest rates

The surprising fall in unemployment figures (national unemployment down from 5.5% to 5.3% in January) has caught almost everybody off guard. The consensus amongst economists prior to the announcement was that Australia’s unemployment rate would rise to 5.6%. The rate of unemployment has fallen now for three straight months on a seasonally adjusted basis after […]

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Variable mortgage rate last ten years

Housing affordability likely to move back onto centre stage.

The decision from the Reserve Bank to raise interest rates by a further 25 basis points has been met with mixed reactions.  First home buyers and low income households are going to feel the pinch the most, as are those mortgage holders that managed to stretch their budgets too thinly without allowing for the time […]

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