Search Results for: Graham Cooke
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NEWS
Interest rates to stay on hold despite drop in inflation
Despite lower than expected inflation, economists don’t expect the Reserve Bank of Australia to cut interest rate before September.
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INDUSTRY NEWS
Australians under extreme financial stress compared to 2020
Despite the Reserve Bank of Australia (RBA) keeping rates on hold, Australians are still facing mounting financial stress according to a new survey.
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INDUSTRY NEWS
Borrowers to be spared a Christmas interest rate hike
This week’s lower-than-expected inflation number is shaping up as an early Christmas present for borrowers, with the Reserve Bank of Australia (RBA) set to keep rates on hold at next week’s board meeting according to the experts.
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INDUSTRY NEWS
Cup Day rate rise: RBA lifts interest rates to 4.35 per cent
The Reserve Bank of Australia has lifted interest rates for the first time in five months, hiking the cash rate 25 basis points to 4.35 per cent, which is a 12-year high.
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INDUSTRY NEWS
The interest ‘rates’ that stop the nation
It’s not often something steals the show on Melbourne Cup Day, but all eyes will certainly shift from the racetrack to Reserve Bank of Australia (RBA) at 2.30pm on November 7.
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INDUSTRY NEWS
One in 10 young adults forced to move back in with their parents
Increasing numbers of younger Australians are being forced to move back in with their parents as the cost of living bites.
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INDUSTRY NEWS
Interest rates tipped to hold this month but experts warn hikes may not be over
Real estate and economic experts have tipped the RBA to keep the cash rate on hold at Tuesday’s board meeting, according to the latest Finder survey.
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INDUSTRY NEWS
Reserve Bank keeps interest rates on hold for third consecutive month
The Reserve Bank of Australia has kept interest rates on hold for a third consecutive month as it seeks to gain more clarity on the nation’s economic outlook.
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INDUSTRY NEWS
Has the interest rate rising cycle run its course?
Two-thirds of experts believe interest rates have peaked, while 97 per cent say the Reserve Bank of Australia will keep the cash rate steady at the next meeting.
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INDUSTRY NEWS
Number of borrowers struggling to pay their home loan has surged
The record increase in interest rates is starting to weigh on borrowers with new research finding 40 per cent of mortgage holders struggled to pay their home loan in May.
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INDUSTRY NEWS
The rate debate: 55 per cent of experts expect a rate rise
Despite the Reserve Bank of Australia (RBA) holding rates steady last month and inflation appearing to reach a peak, 55 per cent of experts think the board will hike the cash rate again at the May meeting.
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INDUSTRY NEWS
Experts weigh in on interest rate debate
More than one-third of experts in Finder’s RBA Cash Rate Survey believe the central bank will put the cash rate on hold at its meeting today.
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INDUSTRY NEWS
The Queensland agency offering to cover six months rent or mortgage payments
With the cost of living crisis taking its toll on Australian households, one Queensland real estate agency has taken matters into its own hands.
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INDUSTRY NEWS
RBA expecting up to 800k fixed-rate loans to end in 2023
A senate committee looking into cost of living of living pressures has shed light on the size of the anticipated 'mortgage cliff' set to test the property market in 2023.
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INDUSTRY NEWS
Cash rate expected to rise again on Tuesday
The odds of another cash rate rise at this month’s Reserve Bank of Australia (RBA) meeting remain high, with 88 per cent of experts tipping another hike is on the cards.
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Experts predict another cash rate rise from the RBA
There’s likely more pain ahead for borrowers with 97 per cent of experts expecting the RBA to hike the cash rate at the November meeting.
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INDUSTRY NEWS
Borrowers “scrambling” to refinance in record numbers
Rapidly rising interest rates and higher living costs are pushing record numbers of borrowers to refinance their home loans.
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INDUSTRY NEWS
Fixed-rate mortgage bomb set to go off
Thousands of borrowers on fixed-interest home loans are facing an interest rate “cliff” and could be plunged into mortgage stress by the end of the year.
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INDUSTRY NEWS
Cash rate rises for the fifth month in a row
The Reserve Bank of Australia (RBA) lifted the cash rate 50 basis points today and at the same time forewarned homeowners further increases were coming.
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NEWS
Another rate hike to curb the highest inflation in three decades
The official cash rate is now 1.85 per cent after the Reserve Bank of Australia opted to raise interest rates a further 50 basis points at its monthly meeting today. The increase marks the fourth consecutive month of interest rate hikes as the RBA seeks to moderate inflation that is now the highest it has been since the early 1990s.…
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INDUSTRY NEWS
Over 90 per cent of experts tip interest rates to rise in July
There’s likely to be more pain ahead for borrowers, with 91 per cent of experts tipping the official cash rate to rise tomorrow, according to a new survey.
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INDUSTRY NEWS
Homeownership increasingly “out of reach” as average deposit hits $120,000
The surge in property prices has seen the hurdle to get into the property market get even higher with the average first home buyer deposit hitting $119,560.
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INDUSTRY NEWS
The Sydney and Melbourne suburbs to defy the downturn
A number of suburbs across Sydney and Melbourne are expected to fare better than others as property price growth eases according to new research.
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INDUSTRY NEWS
Rents and mortgage repayments to keep rising
Rents and mortgage repayments are expected to continue to rise over the next 12 months, putting more pressure on households already struggling with the high cost of living.
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NEWS
Experts tip cash rate to rise before end of 2022
More monetary policy experts are tipping an interest rate rise before the end of the year, despite not expecting the Reserve Bank of Australia to lift the cash rate tomorrow.
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INDUSTRY NEWS
More than half of economists predict a rate rise in 2022
A new survey has found that interest rates could be on the rise with 58 per cent of economists expecting the RBA to hike rates in 2022.
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INDUSTRY NEWS
How Australia’s borders reopening will impact renters
Australian renters can expect to be hit with dramatic price rises as the nation’s borders reopen, according to experts. In this month’s Finder RBA Cash Rate Survey, 37 experts and economists weighed in on future cash rate moves and other issues relating to the economy, with 73 per cent predicting rental prices will rise sharply as Australia opens its international…
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INDUSTRY NEWS
Sydney house prices to reach new heights in 2022
House prices are expected to surge as domestic borders open and international travel resumes, according to experts surveyed by financial comparison site, Finder.
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INDUSTRY NEWS
Just 35 per cent of Aussies would buy property in the current market
Almost two thirds of Australians believe now isn’t the right time to buy property, according to new research by financial comparison site, Finder.
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INDUSTRY NEWS
Sydney homebuyers might have to find another $76,600 in the next 12 months
Experts in Finder's RBA Cash Rate Survey have estimated property prices are set to rise an additional 8 per cent by July 2022.
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INDUSTRY NEWS
Vast majority of experts say vaccine passports are an economic necessity
Vaccine passports will be an essential tool for economic recovery, according to experts in a new poll from Finder.
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INDUSTRY NEWS
More than half of experts say lockdowns will slow property price growth
Strict lockdowns are one of the few things that can slow down Australia’s recent surging property price growth, according to experts.
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NEWS
Sydney lockdowns could cause another Australian recession
68 per cent of Finder's surveyed experts believe Sydney's extended lockdown could be a catalyst for another recession in Australia.
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INDUSTRY NEWS
Australians’ savings drop as more struggle to pay rent
Australians’ saving levels have fallen to their lowest level since March 2020, according to new research by Finder. Finder’s Consumer Sentiment Tracker (CST) survey revealed more Australians are struggling to pay rent as Sydney’s lockdown lingers, with cash savings seeing a sharp decline. Each quarter, Finder analyses its most recent data to uncover the trends underpinning the financial, mental and physical…
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INDUSTRY NEWS
Interest rates predicted to hold but will property prices peak this year?
The non-stop rise in house prices may hit an apex this year, according to the latest expert housing predictions from Finder.
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