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Inflation will moderate this year, says Treasurer

Treasurer Jim Chalmers has stated that inflation in Australia has hit its peak, with levels set to lower throughout 2023.

‘Record high’ housing construction in September: ABS

Building activity has been booming, even despite rising interest rates, the latest ABS figures have shown.

New date announced for Mortgage Business Awards

The inaugural Mortgage Business Awards, which celebrates the third-party mortgage distribution sector, will take place on 27 ...

Savings buffers ‘exhausted’, Equifax warns

Higher interest rates have consumed Australian borrowers’ savings buffers, leaving many at greater risk of mortgage arrears

ASIC commissioner exits for Vanguard Australia role

The regulator’s commissioner, Sean Hughes, will end his term on 3 February 2023, ASIC has announced.

MA Financial appoints new board member

The lending group has announced the appointment of Nikki Warburton to its board of directors.

Borrowers are feeling “undervalued” by lenders, aggregator says

A new survey has indicated that many borrowers feel that they aren’t getting the best offers available from their lenders

Property settlements continued upward trend in December: PEXA

Growing settlement figures for December rounded out ‘a big year in property’, the latest PEXA insights have confirmed.

Australia’s economy “vulnerable” to disaster, Treasurer warns

Floods and other natural disasters cost Australia’s economy $5 billion, impacting two-thirds of Australians, the federal ...

Mortgage market activity drops 50.4% nationally: CoreLogic

The latest Property Market Indicator released by CoreLogic has revealed a steep drop in the mortgage market.

Can the RBA engineer a soft landing for the Australian economy?

The Commonwealth Bank believes Australia will avoid a recession this year so long as the Reserve Bank ends its ...

Lending falls amid refinancing boom

Latest new lending data has recorded drops across a gamut of categories — but not refinancing, the ABS has revealed.

Is the 3% buffer too high, given rising rates?

Increased borrowing costs and tight serviceability requirements have contributed to a decline in new housing lending, with ...

Stamp duty opt-out scheme comes into effect in NSW

First home buyers in NSW can choose between stamp duty and property tax from today, as the First Home Buyer Choice comes into ...

Design for new King Charles coins expected by May

Coins depicting King Charles III are set to come into circulation in the latter half of 2023 following the King’s coronation

WA government ‘pathway’ toasts Indigenous FHB success

The first Aboriginal first home buyers to come through the ‘Jalbi Jiya’ program are proving the model’s success, the state ...

MA Financial downgrades earnings, but flags growth

Earnings will be less than forecast in FY22 but growth in mortgages remains strong, a lending group has said.

South Australia’s strong housing market stands out

Housing approvals and affordable homes supply shows SA sector strength, the state government has suggested.

Rents hit record high in 2022 despite market slowdown

An easing of Australia’s rental market in the final quarter of 2022 was not enough to halt the country’s annual rents from ...

‘Very low risk of a pause’ by RBA in February: ANZ

Banks and entities have released new analyses and forecasts after the latest inflation data came in higher than expected.

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