Particle Data Platform
ABC Business Daily

Is it about to get easier to buy a house?

5/4/202624 min

Today the Reserve Bank starts its deliberations about whether to hike interest rates once again.

Meanwhile NAB seems to have disappointed with its results, warning about the state of the economy.

And there’s a mixed report card from this week’s property auctions. So just how fragile is the property market right now?  

Carrington Clarke and ABC Business Reporter Steph Chalmers break it all down on ABC Business Daily.

Got a burning business question?

We'd love to hear your questions! If there’s business and economic news that has you stumped or you'd like further insight into, we're here to help. Send a short voice recording to Carrington and the team at abcbusinessdaily@abc.net.au and we'll attempt to answer it.

Clips

Banks left out of Mythos
Software gets old fast
Banks build in-house AI
Borrowing power takes a hit
When the signal is everything

Transcript preview

First 90 seconds

  1. Carrington Clarke· Host0:00

    [upbeat music] ABC Listen. Podcasts, radio, news, music, and more.

  2. Matt Bevan0:05

    [upbeat music] Do you ever think that maybe the people making all the important decisions don't have a clue what they're doing? The UK Prime Minister is facing increasing pressure to step down. It is ridiculous that Australia is facing a domestic gas price crisis. They take our money. They make us look like fools. I'm Matt Bevan, and on my show, If You're Listening, we take a look at every terrible decision that led to where we are today. Find us on ABC Listen or wherever you get your podcasts.

  3. Carrington Clarke· Host0:34

    The Reserve Bank is starting its deliberations today on whether to hike interest rates once again. The National Australia Bank seems to have disappointed with its results and warns about the state of the economy. Meanwhile, there's a mixed report card from this week's auctions. Just how fragile is the property market right now? Welcome to ABC Business Daily. [upbeat music] I'm Carrington Clark.

  4. Steph Chalmers1:03

    And I'm ABC Business reporter Steph Chalmers.

  5. Carrington Clarke· Host1:06

    Steph, happy RBA decision eve. Um, let's maybe start with this result from National Australia Bank. This is their half yearly result. It is one of Australia's most important companies. It obviously means a lot to people if they've got shares in the company, which almost everyone does through their superannuation anyway, but also about what it tells us about the state of the Australian economy right now. What did

We value your privacy

We use cookies to understand how you use our platform and to improve your experience. Click "Accept All" to consent, or "Decline non-essential" to opt out of non-essential cookies. Read our Privacy Policy.