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New provisions for guarantors included in Banking Code update
28 June 2024

To ensure guarantors better understand their obligations, the association has updated the Banking Code of Practice.

Prices to jump 2–5% over FY25: PropTrack
28 June 2024

Home prices are to continue climbing as buyer demand remains strong in a high interest rate environment.

Turnarounds slow at smaller banks: Broker Pulse
27 June 2024

Brokers have reported that the smaller banks are suffering from slower turnarounds, according to the latest Broker Pulse survey.

Mortgage stress expected to fall in the wake of stage 3 tax cuts
27 June 2024

According to recent data, more than 1.5 million Aussies are at risk of being affected by mortgage stress. However, with stage 3 tax cuts on the horizon, these numbers are predicted to ...

Monthly CPI surges
27 June 2024

The ABS has revealed a lift in the monthly CPI for May 2024.

Loan discharges have increased: RBA
27 June 2024

Borrowers are opting to deleverage due to higher interest rates, the RBA has revealed.

Profit-making sales at 14-year high
26 June 2024

Property resales have hit their highest rate of profitability since 2010.

Major bank sanctioned by BCCC
26 June 2024

The banking committee has sanctioned a major bank for “serious and systematic” breaches of the Banking Code.

Human right to housing bill introduced to Parliament
26 June 2024

A new bill that would solidify housing as a human right in Australia has been introduced to Parliament.

Appeal filed in class action proceedings against CBA
25 June 2024

An appeal has been filed from the Federal Court judgment in the shareholder class action proceedings.

Customer-owned banks announce merger plans
25 June 2024

The two non-major banks have announced plans for a merger to position both organisations for future growth.

ACT government amends stamp duty concession policy
25 June 2024

To encourage more buyers into the market, the territory government has increased the maximum income threshold to be eligible for stamp duty concession.

Perth ‘comparatively’ more affordable than other cities: CBA
25 June 2024

Research from the major bank has found that Perth’s housing affordability remains “comparatively better” than other capitals.

Leave land tax proposal ‘dead in the ground’: REIQ
25 June 2024

The institute has urged both Queensland political parties to not resurrect the multi-jurisdictional land tax proposal.

Revealed! Which lender do brokers most highly rate?
24 June 2024

The Third-Party Lending Report 2024 has been released, revealing which lender is most highly rated by mortgage brokers.