ANZ
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Finance
All four major banks now flag falling housing demand
CBA's investor loan applications are down 28 per cent since the May budget, Westpac's overall applications are down about 20 per cent, ANZ tips Sydney prices to fall as much as 14.5 per cent and NAB has cut its national forecast to minus 5.
Finance
ANZ warns Sydney house prices may fall 14.5%
The RBA has held the cash rate at 4.35 per cent as ANZ warns Sydney house prices could fall as much as 14.5 per cent, the steepest decline since the early 1980s, with budget tax changes driving the downturn.
Finance
Economists split on August RBA rate hike
The Reserve Bank of Australia left the cash rate unchanged at 4.35% at its 16 June 2026 meeting, following three increases already delivered in 2026. The decision was unanimous, a deliberate pause rather than a pivot.
ANZ
OECD Slashes Australia's Growth Forecast as Iran War Drives Global Inflation Spike
Australia's 2026 growth rate has been cut to 1.3%. Half of last year's figure, as oil supply disruptions test the resilience of the global economy.