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Housing growth cycle moderates
Capital city dwelling values have posted their softest monthly result since December 2015, according to fresh figures from CoreLogic.
INNOVATION • Mon, 05 Dec 2016
First digital currency code of conduct launched
In a first for the country, the Australian Digital Currency Commerce Association (ADCCA) has launched a digital currency industry code of conduct to protect consumers.
LENDER • Sun, 04 Dec 2016
Dwelling approvals plunge in October
The high-rise driven construction boom is showing clear signs of a downturn, with recent research showing that approvals dropped sharply during the month of October.
ECONOMY • Thu, 01 Dec 2016
ABCC restored to ‘rid industry of toxic practices’
The Australian government has decided to reinstate the Australian Building and Construction Commission (ABCC), marking an “important achievement” for the building ...
New home sales drop to two-year low
Fresh figures have shown new home sales fell to their lowest volume since July 2014 during the month of October.
ECONOMY • Wed, 30 Nov 2016
Consumer confidence ticks up
After a sharp drop in the previous week, consumers’ view on the economic outlook in the next five years edged higher in the week ending 28 November.
Rate hikes on the horizon, says mortgage boss
The chief executive officer of one of Australia’s largest mortgage brokerages has said that it is “very likely” that home loan rates have hit the bottom of the interest ...
ECONOMY • Mon, 28 Nov 2016
Housing loan arrears surge 25% higher
A ratings agency has highlighted that the number of Australian mortgages in arrears in September was significantly higher than at the same time last year.
Bank behaviour ‘disappointing’, says shadow minister
A senior government official has delivered an update on the latest financial policies installed by Labor officials, calling out instances of bank misconduct as ...
ECONOMY • Sun, 20 Nov 2016