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Housing has become ‘largest risk’ to Australia: OECD
Australian economic growth is projected to reach almost 3 per cent in 2018, but the possibility of plummeting house prices presents the country’s “largest domestic risk”
ECONOMY • Thu, 08 Jun 2017
PEXA subscribers make record digital refinance settlements
Australian lenders and law firms are making digital refinancing records as the country’s conveyancing landscape undergoes a government-mandated digital transformation
LENDER • Thu, 08 Jun 2017
Delinquency rates on the rise in 2017
The performance of Australian residential mortgage-backed securities deteriorated over the first quarter of 2017, Moody’s Investors Service has reported.
ECONOMY • Wed, 07 Jun 2017
FHBs need to save for 40 years for deposit: UBS
It could take ‘typical’ first home buyers 40 years to save enough for a Sydney home deposit, a new report has found.
ECONOMY • Tue, 06 Jun 2017
Mortgage refinancing to become paperless
Applications to refinance will become paperless in three Australian states as the transition to electronic transactions is rolled out.
RBA announces cash rate decision
The Reserve Bank has announced its cash rate call following its monthly board meeting today.
Analyst raises concerns over $52bn in reclassified loans
A banking analyst has questioned the accuracy of bank reporting after the RBA revealed that $52 billion worth of loans have been switched between investor and ...
ECONOMY • Mon, 05 Jun 2017
Most affordable suburbs in Australia revealed
Greater Hobart offers the most affordable options for first home buyers hoping to live close to a CBD, while units are most affordable in Greater Adelaide, a new report ...
ECONOMY • Sun, 04 Jun 2017
Bank launches new credit card following broker feedback
A non-major lender has introduced its first credit card, which is being made available to new customers through the home loan application process.
LENDER • Thu, 01 Jun 2017
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