double digit rates

Australia’s house price recovery continued in April, with PropTrack’s dwelling values index recording a 0.1 per cent monthly rise to be up 1.4 per cent from its December trough.Sydney, the market which led the downturn, is now leading the…

It is Groundhog Day for Australia’s battle-weary mortgage holders, with the Reserve Bank of Australia (RBA) hiking the official cash rate (OCR) another 0.25 per cent on Tuesday – the sixth consecutive monthly increase.The good news was that…