Subscribe to our newsletter
FHBs struggle to buy in areas they want
Almost 40 per cent of first home buyers who purchased within the last two years have admitted they “couldn’t buy where they wanted”, a survey has found.
ECONOMY • Sun, 02 Oct 2016
Dwelling resale losses increase nationally
The proportion of national dwelling loss-making resales has increased over the quarter, despite that fact that “9 out of 10 homes resold for more than their previous ...
Former fintech chief appointed CEO of DirectMoney
Marketplace lender DirectMoney has appointed former Prospa CEO Anthony Nantes to the role of chief executive officer.
TECHNOLOGY • Thu, 29 Sep 2016
Satisfaction in big four banks' home loans drops
The satisfaction of mortgage customers of the big four banks has dropped, despite overall satisfaction improving over time, a new report has found.
LENDER • Tue, 27 Sep 2016
Housing price growth will “moderate”
Despite an increase in Australian and New Zealand housing prices, Moody’s Investor Service has said that it “expect[s] housing price growth to moderate over the next 12 ...
INNOVATION • Tue, 27 Sep 2016
Beyond Bank partners with fintech lending platform
Customer-owned institution Beyond Bank Australia has partnered with fintech company SocietyOne in a bid to share “the financial benefits between its borrower customers ...
Banks’ failure to pass rate cut 'not unexpected'
The fact that many Australian banks failed to pass on the full interest rate cut to their customers in August “wasn’t unexpected”, the Reserve Bank of Australia’s new ...
ECONOMY • Mon, 26 Sep 2016
NSW planning system has ‘long way to go’
Housing affordability, a planning system in need of reform and connecting new infrastructure with development are among the “toughest challenges for a growing Sydney”, a ...
Dwelling constructions rebound in wake of slowdown
Potential oversupply and settlement risks on off-the-plan apartment purchases have not deterred the number of dwellings approved for construction across Australia’s ...
ECONOMY • Sun, 25 Sep 2016