Business
RBA warns banks to maintain lending standards as wages growth struggles – Sydney Morning Herald
RBA governor Phil Lowe also said the bank would only move on interest rates once it could see wages increasing.
Reserve Bank governor Phil Lowe has sounded a warning to the nations lenders to maintain borrowing standards given soaring house prices while dampening expectations of strong wages growth in the wake of the coronavirus pandemic.
Dr Lowe, speaking to the…
Continue Reading
-
Noosa News23 hours agoWest Coast Eagles draftee Josh Lindsay wants to carry on Troy Selwood’s legacy
-
Noosa News24 hours agoHunt for suspects after family’s pregnant horse found shot dead on rural Queensland property
-
General10 hours agoGrieving parents of 4yo boy who drowned in Officer suing Melbourne Water, Cardinia council
-
Noosa News22 hours agoFormer Sea World Helicopters worker tells inquest there was ‘nothing out of the ordinary’ before deadly crash