The Commonwealth Bank is warning of the risk a three-month mortgage lag poses to the economy if the Reserve Bank keeps raising interest rates aggressively.
Key points:
The RBA is widely exp… [+6069 chread more
CBA warns of mortgage lags as Reserve Bank set for another super size interest rate rise – ABC News
News
Australia is headed for a ‘consumer recession’ in 2023 – what does that mean?
A major consulting firm has criticised the Reserve Bank for increasing interest rates unnecessarily pushing hundreds of thousands of household budgets deep into the red. In the March edition of its … [read more]
Read More
News
Residents the ‘innocent victims’ of ‘unnecessary war’ at Couran Cove Island Resort as essential services are cut
Essential services including electricity, gas, water and sewerage have been cut off to residents at a South Stradbroke Island resort north of the Gold Coast, amid a long-running dispute over allegedl… [read more]
Read More
News
Online rental listing sparks outrage with request for tenants to renovate “uninhabitable” Sydney home in exchange for free rent
An online rental listing for an uninhabitable home in Sydney has sparked outrage with its request that tenants renovate the property in exchange for a year of free rent. The home in southwest Sydney… [read more]
Read More