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MyState loan book up 6.9% in Q1 to $7.3bn

Brokers have helped deliver a 6.9 per cent increase to MyState Bank’s loan book in just three months.

Calls to slash red tape amid housing crisis

The housing industry has put forward urgent recommendations ahead of today’s Queensland housing summit as the state faces its ...

Number of Australian markets in decline doubled during September quarter

New analysis from CoreLogic has found that a staggeringly large portion of Australia’s 3,027 capital city house and unit ...

Falling house prices ‘not all downside’, says outgoing APRA chair

In his final official speech as APRA chair, Wayne Byres has outlined why lower housing prices and lower debt levels “would be ...

What’s taking the government so long to fix mortgages?

ANALYSIS Two years after the ACCC set out ways to reduce the number of mortgage “prisoners”, we’re still awaiting a ...

RBA makes a case for slowing rate rises

While the central bank hosed down October’s cash rate hike, global pressures and local climate disasters will weigh on next ...

ANZ expands executive committee

The major bank has announced changes to its executive committee to accelerate transformation and development of common ...

Borrower demands drive bank app evolution

Banking app design is better meeting customer needs, but human interaction is still key to successful loan and credit ...

‘Stop building in flood plains’: Assistant Treasurer

Stephen Jones has pledged more funding will become available towards “building resilient” properties amid widespread flooding

Resimac takes on Volt Bank customers

The non-bank lender bought Volt Bank’s residential loan book for $83 million, after the neobank folded earlier this year

Sydney auctions withdraw as clearance rates fall 

New figures from Corelogic have revealed that both auction levels and preliminary clearance rates fell marginally in the week ...

Banks offer financial support for flood-affected customers

Customers are being offered financial support for flood-affected areas across NSW, Victoria and Tasmania.

Lending Association partners with Grow Group

EXCLUSIVE Lending Association has acquired Grow Group’s book of predominantly Millennial property investors — and become its ...

Mortgage prison looms with Sydney prices set to drop nearly 200k

Since peaking in January 2022, Sydney’s house prices have declined significantly, and new data from RateCity predict this ...

Latest property tax ‘at odds’ with affordability aim

The Real Estate Institute of NSW (REINSW) has criticised the Perrottet government’s strategy of combating housing ...

Budget won’t be a ‘cash splash’: Jim Chalmers

The Treasurer has flagged the budget won’t be “spraying cash around” at the expense of the central bank’s decision to bring ...

‘Record’ home loans processed at CBA

CBA chief executive Matt Comyn has welcomed the bank’s record year, which saw $157 billion in new lending to households

Home sales drop 15.7% in 3rd quarter: HIA

The Housing Industry Association has released its latest sales report for the month ended in September.

Qld government launches housing framework for youth

The Queensland government has launched a new policy and framework aimed at helping young Queenslanders access safe and secure ...

First home buyer purchases ‘shot up’ as house values fall

As the value of residential property in Australia has continued its fall, first home buyers’ purchases have increased, ...

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