Lower interest rates are finally awakening buyers, with the majority looking to invest in property over the coming 12 months
Businesses have yet to benefit from the Reserve Bank’s rate cuts, with business conditions falling to a three-year low in May
The big four have completed their latest round of rate cuts, with only one passing on the full 25bp RBA cut
Second tiers have followed on the rate cuts flowing through from the major banks
Housing finance has seen a second consecutive rise, but the housing industry has claimed recovery 'remains elusive'
Another major has slashed rates following the Reserve Bank's 25bp cash rate cut