‘Single biggest issue’: Bank boss says Labor needs to deliver on housing

‘Single biggest issue’: Bank boss says Labor needs to deliver on housing

“Economics 101” suggests that if demand for homes increases and supply doesn’t, it will simply result in higher home prices, NAB boss Andrew Irvine says.

Big Aus bank’s massive rate cut call after historic Labor win - realestate.com.au

One of Australia’s big four banks has made a massive interest rate call that will come as a shock to many. It comes ahead of RBA’s May decision.

Did a 50 basis point rate cut just become more likely?

One major Australian bank has predicted a supersized rate cut will be delivered this month.  The Reserve Bank of Australia (RBA) is scheduled to meet on 19-20 May. Many Australians have been wondering what their next move will be regarding interest rates. NAB's bold prediction Yesterday, National Australia Bank (ASX: NAB) predicted the RBA will cut the official cash rate by 50 basis points later this month. As reported by 9 News, NAB's Chief Eco…

Reserve Bank Interest Rates Cut

One of Australia’s Big Four banks, Reserve Bank, has reaffirmed a massive interest rates call. This just 48 hours after historic election win. National Australia Bank expects the equivalent of four rate cuts to be put in place by the Reserve Bank by August. It is the biggest chunk of which will come within weeks. The NAB Economic Update, released Monday, flagged a whopping 100 basis point cut to interest rates by August, with 50 bps on May 20. N…