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Reserve Bank of Australia

Businesses Remain Profitable Despite Pressures

Posted on by Laze Spasevski
“Most businesses remain profitable, despite the ongoing pressures,” the Reserve Bank of Australia (RBA) has reported in its latest Financial Stability Review. "Most large and small businesses’ profit margins are around the level recorded over the 2010s. However, our measure for small businesses is only available up to the September quarter of 2024. Additionally, the surveys suggest these bu...
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RBA Reveals Positive Mortgage Data

Posted on by Laze Spasevski
RBA Reveals Positive Mortgage Data
The Reserve Bank of Australia (RBA) reveals that “there is positive mortgage data for a vast majority of borrowers. That means, borrowers would remain able to service their debt under a range of plausible economic scenarios”, according to the central bank's latest Financial Stability Review. Crucially, about 97% of borrowers have positive cash flow, which means they’re able to meet their mo...
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Rates are Lower Than Expected

Posted on by Laze Spasevski
Despite the interest rate rises that have occurred since last year, rates are lower than expected. The number one contributing factor to this is the “strong competition between lenders”, according to the Reserve Bank. Between May 2022 and June 2023, the cash rate increased by 4.00 percentage points. But during that same period, the average interest rate for outstanding variable-rate loans in...
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