NEWSLETTER: Banking Sector – Issue 71

13 November 2020

Publications

Welcome to Issue 71 of our fortnightly Banking Sector Newsletter. In this issue, the RBA Board announced plans to not increase cash rate until ‘actual inflation’ is sustainable between the target range of 2 per cent to 3 per cent. The Australian Bureau of Statistics reported a rise in owner occupier home loan commitments attributing the rise to low interest rates and government incentives.

In other news, AFSA launched a campaign raising awareness of dodgy insolvency advisors who exploit people when they seek help to manage debt.

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