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NSW must trump Victoria on housing reform: Cunningham
A real estate industry leader has called out NSW as “living in the shadow” of its southern counterparts and at risk of losing its best and brightest young people, ...
ECONOMY • Mon, 06 Mar 2017
Auction clearance rates slip
After recording the strongest result since June 2015 in the last week of February, the preliminary auction clearance rate across the combined capital cities eased back in ...
OECD housing alarm ‘nothing new’, says economist
A senior economist has stressed that the OECD’s warning about Australia’s house prices is not new, although he agrees that excessive house price and household debt growth ...
ECONOMY • Sun, 05 Mar 2017
Housing commencements forecast to ease
The current residential building cycle may have peaked in 2016, while the level of detached and multi-unit house-building might gradually decline in the coming years, ...
LENDER • Sun, 05 Mar 2017
Dwelling approvals exceed market expectations
ANZ says that the overall increase in housing approvals in January thwarted market expectations of another decline.
‘Worrying hotspots’ in bank books, warns analyst
Lenders’ mortgage books – particularly those of the big four – are showing “worrying” signs of more risk with a notable uptick in interest only loans, according to a ...
ECONOMY • Wed, 01 Mar 2017
Fintechs welcome to ‘eat our lunch’, says ANZ
The CEO of one of Australia’s major lenders has emphasised that “big banks don’t have to hold on to everything”, and fintechs are welcome to share the market to promote a ...
LENDER • Tue, 28 Feb 2017
Major bank makes strategic appointment
A major lender has appointed a new group executive of talent and culture in a move that it says will help create further momentum around its transformation.
ECONOMY • Tue, 28 Feb 2017
2017 will be ‘watershed’ year for blockchain
The heads of fintech businesses have emphasised that the development of blockchain is “moving very quickly” and is likely to gain further traction in the financial ...
ECONOMY • Mon, 27 Feb 2017