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property economy market
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Energy and industry

Predictions of the demise of manufacturing in Australia as the economy slowly becomes more service oriented are increasingly widespread. The reason – we are told – has mostly been an uncompetitive labour cost structure. We just can’t make stuff as cheap and as quickly as they can in China, Vietnam or India. But there are…

low interest rates
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RBA Survey | APRA’s clampdown could spell trouble for interest-only borrowers

With the Australian Prudential Regulation Authority (APRA) clamping down on interest-only loans, experts and economists think interest-only borrowers may have a hard time refinancing to principal and interest loans, according to finder.com.au.  All 33 experts and economists in the monthly finder.com.au RBA survey, which is the largest of its kind in Australia, are expecting the…

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