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1 in 4 Aussies ‘highly concerned’ about further rate rises: NAB

Data averages are ‘masking’ increased mortgagor stress levels over their home loan debt, a NAB behavioural economist has ...

LIXI recruits 2 new board members

The not-for-profit organisation has appointed Mirella Gallace and Abhish Saha as new board directors, effective immediately

Million-dollar markets whittled down by rising rates: CoreLogic

Australia’s property million-dollar club has shrunk considerably in the last six months, as the weight of rising inflation, ...

Surge in scams shakes trust in Australians: Assistant Treasurer

The Assistant Treasurer addressed the Customer Owned Banking Association on the surge of scams and data breaches seen in ...

RBA criticised for ‘undershooting and overshooting’, panel reveals

The central bank’s monetary policy approach has been criticised, the panel responsible for the review has revealed.

The ‘significant cost’ of off-market sales

Many sellers opt for off-market sales in a bid to save advertising costs, yet new research from PropTrack has revealed this ...

‘Temporary inflation episode’, so history doesn’t repeat: RBA

While current high inflation came as ‘a shock’ its pressure could get ‘more variable’, the central bank has warned.

RBNZ delivers biggest rate hike yet

New Zealand’s central bank raised the official cash rate by a record 75 bps to 4.25 per cent.

‘Mortgage stress’ highest since pre-pandemic

There are signs that financial stress caused by higher mortgage debt and rising interest rates has started to show.

AMP pursues FHB loan-book growth via Bricklet

With first home ownership difficult for many Australians, a new shared equity tool aims to help, AMP and proptech Bricklet ...

Almost 1 million households to face housing stress in 2 decades

Almost 1 million households may face housing stress unless there is a boost in community housing, a new report revealed.

Small lenders overtake big banks in NSW mortgage market

Some smaller lenders have managed to increase their new mortgage volumes over the past 12 months, according to new research

1 week left to submit for Mortgage Business Awards

Submissions for the inaugural Mortgage Business Awards are closing next week, so get your video submission in now!

‘Key efficiencies’ missing from FHBC policy: CoreLogic

The new First Home Buyer Choice policy could add upwards pressure to housing demand, according to CoreLogic’s head of ...

BNPL needs ‘guardrails around it’, Gallagher says

Buy now, pay later providers could fall under the same regulations as credit cards, as the government pushes new regulation

Labour market agility via housing shake-up needed: CEDA

The think tank has firmly laid down its economic productivity suggestions on the eve of RBA governor Philip Lowe’s CEDA ...

RBA adopts ‘dovish tilt’ despite data revelations: Westpac

The central bank is not expected to introduce pre-emptive policies in regard to inflation despite what recent data has shown, ...

December cash rate hike probable after wage inflation ‘surprise’

A pause in the cash-rate hike trend seems unlikely, after ABS Q3 data revealed wage inflation growth.

Lenders shun screen scraping as open banking takes off

A growing number of lenders are disabling screen scraping in favour of open banking data, new data has shown.

NAB expands flood-relief offering to SA

The major bank has extended its financial support to flood-impacted customers in the Riverland region of South Australia.

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