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Government embarks on ‘new era’ of housing reforms
8 July 2024

The Albanese government has announced the release of 50,000 new places for the 2024–25 financial year under the Home Guarantee Scheme.

How would another rate rise impact the housing market?
4 July 2024

An increase to the cash rate could slow demand in a housing market that’s already showing signs of cooling.

Digital specialist bank appoints chief technology & operations officer
4 July 2024

Heartland Bank has announced Vaughan Dixon to the role.

RBA steadfast in inflation forecast despite upside risks
3 July 2024

The central bank has maintained its resolve that inflation would reach its target within a reasonable time frame, the minutes have revealed.

Dwelling price growth at 8% annually
2 July 2024

CoreLogic has revealed a “stark contrast” in the annual price growth of dwellings during this past financial year.

Home loan provider reaches $8bn milestone
2 July 2024

The specialist home loan provider has announced a “significant milestone” in its growth trajectory.

Total ADI loan book increases over $10bn
1 July 2024

Australia’s banks continued accelerated loan book growth in May, APRA has revealed.

Treasurer approves ANZ-Suncorp merger
28 June 2024

ANZ’s acquisition of Suncorp’s banking arm has been given the go-ahead by the federal Treasurer Jim Chalmers, in the biggest banking merger in decades.

RBA tipped to embrace ‘lower for longer’ strategy
28 June 2024

The central bank is expected to hold interest rates well into next year following a strong inflation print in May.

Bridgit launches 12-month loan term
28 June 2024

The non-bank lender has announced a new loan term following a recent debt facility funding.

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.