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Victoria’s land tax grab will ‘hurt property owners’, warn property heads

The state’s new investor land tax — announced in the state budget on Tuesday (23 May) — will hurt aspirational and ...

WA government offers land tax relief

The Western Australian state government has moved to boost rental property supply in the state through a land tax exemption

Vic stamp duty reforms ‘encouraging sign’ for investors: REIV

The state’s real estate body has said the state government’s announcement to axe stamp duty for commercial real estate “is an ...

Does the BNPL regulation move go far enough?

Consumer groups have suggested the government’s move to regulate buy now, pay later products with ‘tailored’ responsible ...

‘Things are going to get worse’ for Aussie banks, warns asset manager

A leading Australian banking analyst has accepted that lenders will soon see a rise in bad debts as the full impact of rate ...

New listings bump as home values lift

The recent surge in home values has led to an optimistic forecast for new listings in the housing market, new data has hinted

BNPL to be regulated under Credit Act

Buy now, pay later providers will soon be required to hold credit licences and comply with RLOs, the Assistant Treasurer has ...

Falling rates actually make it harder for FHBs: AHURI

Long periods of low-interest rates can hinder first home buyers, as they encourage more buyers into market thus pushing up ...

Unregistered credit providers, BNPL ‘leave lenders blind to risks’

Many users of buy now, pay later and pay advance services are getting caught in “a vicious cycle of debt”, according to open ...

NAB appoints 2 new board directors

The major bank has appointed two women — a financial services executive and a media executive — as independent non-executive ...

Surging construction costs stall residential builds

A 30 per cent increase in building charges means a rising number of projects are being put on hold, says KPMG.

‘Digital banking is paramount’, regional bank closure inquiry hears

A major bank has told a Senate inquiry into regional bank closures that only “1 per cent of transactions are over the ...

Former RBA boss Glenn Stevens knows inflation is deadly

Glenn Stevens, a former governor of the Reserve Bank of Australia and chairman of Macquarie, has warned Australians of the ...

Qld state government welcomes new Housing Minister

The Palaszczuk government has made housing a stand-alone cabinet portfolio and announced the inaugural minister leading the ...

Mutual bank addresses Senate inquiry into bank closures

Australia’s largest mutual bank has told a Senate inquiry into regional bank closures that some communities could benefit ...

Regional property values show signs of recovery

Property values across regional Australia are beginning to stabilise, new data reveals.

Temenos launches digital mortgage solution for lenders

The technology provider has launched a new, AI-powered digital mortgage solution for lenders that aims to accelerate ...

New home sales bumped up in April

Western Australia bucks the trend with notable growth, while other states face significant challenges.

Renters experiencing more financial pressure than home owners

Australians aged 30–34 and people renting their homes are feeling the most pressure from the rising cost of living, according ...

Major bank flags ‘remarkable’ housing sentiment lift

Despite consumer confidence plummeting to record-low levels, housing-related sentiment posted a sharp lift in May.

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