Westpac Banking Corp (WBC.DU)
- The Guardian
No interest rate relief predicted this year, major bank tells mortgage holders
ANZ first big bank to push prediction of Reserve Bank interest rate cut into 2025
- Reuters
New Zealand tightens some home loan rules
New Zealand's central bank on Tuesday introduced limits on how much housing finance lenders can provide for borrowers who want to take on a high amount of debt relative to their incomes. The new rules come as policymakers seek to reduce default risk in New Zealand's housing market, which has seen sharp swings in prices. The Reserve Bank of New Zealand (RBNZ) will at the same time ease loan to value ratio (LVR) restrictions, which limit the amount of low deposit lending that they can make.
- Investing.com
Australia consumer sentiment worsens in May- Westpac
Investing.com-- Australian consumer sentiment deteriorated further in May, a private survey showed on Tuesday, as persistent concerns over sticky inflation and high for longer rates sparked little optimism over the economy.
