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Controversial legislation that will provide a “financial incentive” to rent out empty homes has been announced by the new Allan government.

Borrowers are avoiding the fabled “mortgage cliff” as refinancing activity remains strong, PEXA’s chief economist has said.

The number of mortgagors at risk of mortgage stress has once again climbed to a record high, new research has found.

The number of new owner-occupier mortgages written increased for the first time in three months in August, according to new ABS data.

Home values have experienced a steady upward trajectory for eight consecutive months, nearly recouping previous losses.

After a weaker July result, the latest ABS data has revealed that dwelling approvals rose rapidly in August.

The Reserve Bank has made its cash rate decision for October, with the board flagging some major uncertainties in the future of the economy.

Economists have predicted that the central bank will continue to hold interest rates steady at today’s October monetary policy meeting.

The fintech has released a deposit loan product that aims to help aspiring home buyers secure a mortgage without the full deposit.

The non-major bank has disclosed $79 million of costs impacting its financial reporting, including restructuring and redundancy costs.

Jim Chalmers has denied allegations of “radical change” to the composition of the RBA board.

The Tasmania-based lender has attributed its growth to the state’s “continuing demand in housing”.

The non-major bank has appointed a former CBA CIO as one of its three independent directors.

Credit demand has reached its lowest point in over a decade, the Australian Bureau of Statistics has confirmed.

A property researcher has predicted an increase in investor and first-time home buyer purchases early next year, highlighting an opportunity for brokers.