The CEO of a government-backed lender which targets first home buyers said parents should not have to risk their financial security to help their children onto the property ladder
The number of Australians who cannot keep up with their mortgage payments has risen, according to data from Westpac
The RBA has said it would favour a multi-pronged stimulus if economic conditions unexpectedly deteriorated, as rate cuts alone will begin to lose effectiveness
Record low rates of inflation may lead to the RBA decreasing its official cash rate at its upcoming board meeting.
Australia will have the second-highest rate of inflation in the world in the coming year, with the home loan industry playing its part in Australia's growth.
Speaking in New York, Glenn Stevens says that record low interest rates could have increasingly dire consequences for savers.