Sarah Simpkins

Financial regulators on watch for cracks in mortgage market

The financial watchdogs have remained wary of risks to the housing market as cash rate rises flow through to mortgage customers.

REGULATION • Thu, 23 Jun 2022

NSW stamp duty reform should go further: Domain

Domain has said the state’s new housing measures could be a promising first step to improve affordability, after Sydney prices surged by 40 per cent over the pandemic

PROPERTY • Wed, 22 Jun 2022

UK to tighten BNPL regulations with ‘affordability checks’

The UK government has outlined plans to require buy now, pay later providers to ensure their customers can afford their repayments.

REGULATION • Wed, 22 Jun 2022

Lowe expects to consider 25 or 50-bp rate hike 

The Reserve Bank tossed up increasing the cash rate by either 25 or 50 bps for June, with its governor revealing that he expects the same options next month.

ECONOMY • Tue, 21 Jun 2022

NSW stamp duty reform is limited: PropTrack

The reform that will make stamp duty optional for first home buyers has seen mostly positive reactions across the property and lending industries, but there are some ...

PROPERTY • Tue, 21 Jun 2022

Rising interest rates will outweigh house price falls: Moody’s

Analysts have tipped house prices would need to fall by around 22 per cent in 2022 to counterbalance how much higher interest rates will erode housing affordability.

ECONOMY • Mon, 20 Jun 2022

RBA’s faster rate rises to accelerate housing decline: ANZ

Economists at the major bank have tipped that house prices will fall by around 15 per cent between April 2022 and December 2023.

PROPERTY • Sun, 19 Jun 2022

Fed raises US interest rate by 75 bps

The US central bank has opted for its largest interest rate hike in almost 30 years, in an effort to squash surging inflation.

REGULATION • Thu, 16 Jun 2022

ACCC raises alarm on PEXA owner deal

The regulator has expressed fears for competition around a proposed acquisition, warning that it could further fuel a monopoly for the property settlements giant.

TECHNOLOGY • Thu, 16 Jun 2022