Pacific Perspectives
Pacific Perspectives
6 Aug 2024
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‘Risks elevated’: APRA holds banks’ mortgage rate buffer at 3pc
The prudential regulator will not relieve borrowers of the 3 per cent interest rate buffer they must absorb before qualifying for a home loan because the economy faces too much uncertainty from inflation, geopolitics and…
Pacific Perspectives
6 Aug 2024
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The price rises creating a big dilemma for the RBA
Higher inflation for items that interest rates have little control over, such as education, healthcare and insurance, will force the Reserve Bank of Australia to consider squashing harder on the prices of other items to…