Sluggish Wage Growth and Rising Costs Recent data from the Australian Bureau of Statistics (ABS) shows wage growth slowing down, with the Wage Price Index (WPI) rising just 3.5% for the quarter ending in September. For the first time since mid-2023, WPI growth has dropped below 4%, and average hourly wage increases have slipped to …
This week, big four bank NAB changed its prediction for the RBA’s first rate cut from May 2025 to February. This gave people more hope for a rate cut in the near future. It happened after CommBank pushed back its own rate cut forecast from November to December. This suggests that the market is starting …
The observed decline in trends has compelled lenders to lower interest rates, thereby creating a favorable opportunity for both prospective homebuyers and current homeowners to explore their mortgage options. Today’s update. South West Slopes Bank Launches Lowest Fixed Rate Home Loan in a Year • South West Slopes Bank, has finally launched the building’s new …
Homeowners Save Thousands as Mortgage Rates Continue to Drop! Read More »
77B Tambet St, Bentleigh East VIC 3165, Australia
