Breaking

Following a review of the New Zealand mortgage market, the non-bank lender has decided to cease receiving home loan applications from NZ clients.

With the stage 3 tax cuts soon to come into effect, Aussie Home Loans has revealed new research analysing its potential effect on borrowing capacity.

To encourage more buyers into newly built apartments and units, the Tasmanian government has introduced a new stamp duty concession.

National home sales fell during May following the changes to the National Construction Code.

The bank has named its next CEO, along with announcing the retirement of four board directors.

Law partner Craig Green and more than 150 staff will demerge from Gadens Brisbane, which is withdrawing from retail mortgage processing.

Michele Bullock has confirmed the RBA considered hiking rates in June, while a rate cut was not discussed.

While the move to make discharge forms easier to access has been welcomed, the broking industry has lamented that reforms have not gone further.

The central bank has announced its decision following its June monetary policy meeting.

A recent survey has found that almost a third of Australians believe they will be paying off a home loan in retirement.

The ANZ-Suncorp merger has been brought one step closer to fruition with the Queensland government amending its merger legislation.

To support a growing sector of commercial brokers, the non-bank lender has appointed an inaugural national commercial BDM.

The latest report from the non-major bank has found more elderly financial abuse victims “suffer in silence” and are uncertain about seeking support.

Another cash rate hold is expected ahead of the central bank’s June monetary policy meeting.

The association has warned of further housing pressures following the latest population growth data.