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Economists remain adamant when it comes to predicting a cash rate increase this year, despite Reserve Bank of Australia’s latest economic forecast suggesting it might be some way off. RBA’s quarterly statement on monetary policy predicted faster economic growth in the near term as well as a

Big four bank Westpac has dramatically reduced its forecast for when interest rates will begin to rise in Australia, predicting that it's likely the cost of lending will increase from as early as August this year.In a research note, Westpac's chief economist Bill Evans said he now expects

Leading economist gives 2022 forecast for Australian interest rates One of Australia’s leading economists has made his forecast for interest rates in the coming year, with more rate action expected in the fixed space. Saul Eslake, who has held roles as chief economist at ANZ and within the

Australian Government announces 30,000 more Scheme places to support Australians buying a home From today (July 1st 2021), 30,000 new places are available under the Australian Government’s First Home Loan Deposit Scheme, the New Home Guarantee, and the Family Home Guarantee. The Family Home

NAB have hiked rates across all 2, 3 and 4-year fixed mortgages for owner-occupiers. The Big Four bank will jump their three year rate back above the symbolic 2% threshold, with the 2-year rate now barely under at 1.99%, up 10 points. 3-year rates go up to 2.08%, also a ten basis point shift,

The Treasury has expanded the property price caps for homes purchased under the First Home Loan Deposit Scheme and Family Home Guarantee. The federal government has confirmed that new property price caps for the First Home Loan Deposit Scheme (FHLDS) and the Family Home

Three measures targeting home ownership, including a new Family Home Guarantee, will form part of the federal government’s upcoming budget. Over the weekend (8 May), the Treasury revealed that it would expand some of its existing schemes to help Australians buy residential property, and launch a