Newcastle housing less affordable than Greater Sydney: new report Newcastle home buyers may need 15 years to save a 20 per cent deposit, the report says. Newcastle Herald · May 11, 2022
'Big four' banks made huge profits as Australians took out bigger mortgages for pricier housing Australia's big four banks — ANZ, CBA, NAB and Westpac — now hold a whopping $1.87 trillion in home loans, and raked in big profits as Australians took on massive home loans. ABC News · May 9, 2022
ANZ lifts first half cash profit The nation's third-largest bank, ANZ, has reported a lift in first-half profit after tightly managing costs and improving home loan processing times. AAP · May 3, 2022
ANZ half-year profit jumps; ASX loses ground after Wall Street makes modest gains As the big four banks lift interest rates following the Reserve Bank's move, ANZ posts a rise in half year profit, the ASX loses early gains and investors await an expected rate increase from the US Federal Reserve. ABC News · May 3, 2022
The Loop: More banks announce mortgage rate increases, Roe v Wade protests in the US, The Kid LAROI sweeps the APRAs Get up to speed on today's headlines with The Loop. ABC News · May 3, 2022
Shock interest rate rise shows Australia’s economic exceptionalism is fading RBA’s decision is, in the words of one economist, ‘a radical revision’. Could this turn a plateauing of property prices into a rout? The Guardian - AU · May 3, 2022
Reserve Bank interest rates: RBA lifts official cash rate to 0.35% in first rise since 2010 Central bank raises rate by 0.25 percentage points in a move that will stoke cost-of-living debate ahead of federal election The Guardian - AU · May 3, 2022
With interest rates about to start rising, experts estimate almost 300,000 mortgage borrowers are at serious risk of default As interest rates rise, almost 300,000 people who took large and risky home loans during the pandemic could fall into severe financial hardship or even default. ABC News · May 1, 2022
The cost of living is surging, so why will the RBA add to it by raising interest rates? The Reserve Bank is increasingly likely to start raising interest rates next Tuesday. But why would it add increased interest costs to household budgets at a time when Australians are struggling with a surging cost of living? Michael Janda explains the economics behind it. ABC News · Apr 28, 2022
New Zealand house prices are starting to fall – but many buyers remain locked out Some economists are predicting a 10% decrease over the year, but even that won’t return prices to those of two years ago The Guardian - AU · Apr 12, 2022
Women seek greater workplace flexibility Growing demand from women for more flexible arrangements in the workplace could lead to a "Flexidus", a Linkedin survey has found. AAP · Apr 11, 2022
8 People On The Most Spenny Things They’ve Dropped $$$ On Lately & Y’all Are Too Extra Described as a purchase you definitely don't need, I asked a few other people what their most extra “spenemie” purchase has been in the last month. And it did not disappoint. Pedestrian.tv · Apr 8, 2022
Job ads suggest steady jobless rate drop The unemployment rate could fall to the "low threes" by the end of this year, the latest ANZ job advertisements survey suggests. AAP · Apr 3, 2022
RBA, consumers to give views on budget The Reserve Bank will give its views on the budget when its board meets this week, as will consumers in the latest weekly confidence survey. AAP · Apr 3, 2022
ABC News · Mar 28, 2022 Oil stocks take a hit as brent price jumps around, while the ASX gains Meanwhile, fresh data shows concerns about inflation are rising and more Australians are re-considering buying major household items.
The Guardian - AU · Mar 25, 2022 The power of one: Gina Cass-Gottlieb on becoming the first woman to lead the ACCC The high-powered lawyer’s career was dominated by defending the big end of town. So what can Australians expect from her tenure as head of the consumer watchdog?
ABC News · Mar 23, 2022 Russia to sell gas in roubles as sanctions bite, ASX turns positive on oil rally Commodity markets are set to be further disrupted, with Russian President Vladimir Putin saying unfriendly countries such as the US and those in the EU will have to pay for gas in roubles. The ASX edged higher as oil prices rallied.
ABC News · Mar 22, 2022 Price rises are hitting consumers as inflation takes off. These are some items that are going up now As economists predict another round of hikes in official inflation figures, we speak to traders and consumers who are already noticing concerning price rises.
AAP · Mar 6, 2022 Job ads jumped as Omicron wave receded ANZ's job advertising series jumped 8.4 per cent in February as the impact of the Omicron strain on business receded.
AAP · Feb 7, 2022 ANZ margins shrink in December quarter ANZ has flagged lower margins and softer revenue in the December quarter as the bank deals with tough competition in the home loans market.
ABC News · Feb 6, 2022 Banks weigh on ASX 200 as ANZ outlook disappoints, travel stocks jump on border reopening news Australia shares fall on Monday, with ANZ's slump due to a hit to margins also dragging down stocks of other heavyweight lenders.
AAP · Jan 20, 2022 ANZ drops home loan rates, matches Westpac ANZ Bank has put more pressure on home loan rates and matched Westpac's lowest variable rate.
AAP · Jan 17, 2022 Confidence tumbles as Omicron takes hold The ANZ-Roy Morgan consumer confidence index has tumbled 7.6 per cent to its lowest level since October 2020 and the weakest January result since 1992.