Response Interest rate cut a prudent response
“Today’s (March 3 2020) decision by the RBA board to lower the cash rate is the prudent course of action.
Day: March 3, 2020
Building approvals stable in January
“Building approvals in the three months to January 2020 increased by 4.9 per cent compared to the previous three months but remain 2.3 per cent lower than the same time last year (2019),” stated HIA Economist, Angela Lillicrap.
New loan commitments for housing rose 4.4 percent
The value of new loan commitments for housing rose 4.4 per cent in December 2019, seasonally adjusted, according to the latest Australian Bureau of Statistics figures.
Lenders must pass full interest cut on to borrowers
“Banks and other lenders need to pass today’s (March 3 2020) rate cut on in full without delay,” Master Builders Chief Economist Shane Garrett said.
New digital platform maps liveability in our major cities
A groundbreaking new digital platform is set to transform how we map liveability in major cities across the country, in an Australian first.