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Rate cuts lift borrowing power but affordability slips further

With the cash rate now at 3.85% after two cuts in three months, attention is turning to what the reductions mean for Australia’s housing market. They are expected to lift buyer sentiment and boost housing activity in a market already constrained by low supply and persistently high prices. Property values have already started to pick…
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Small businesses pull back on borrowing

Australian small and medium-sized enterprises (SMEs) are holding back on borrowing, and it’s not because they don’t need the capital. According to the latest Banjo Barometer SME survey, loan applications from these businesses fell 13% in the March 2025 quarter, the weakest quarter so far in the current financial year. Rising costs and reduced policy…
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Record housing sales return

Australia’s housing market has faced significant challenges in recent months, with higher borrowing costs and cooling property values impacting residential markets in some state capitals. But record housing sales now suggest the market is quickly regaining its footing. According to the latest Pain & Gain report from CoreLogic, Australian home sellers enjoyed unprecedented profitability and…
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