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Buyers determined despite ‘extremely stretched’ affordability: Westpac
21 March 2024

Tight incomes, high interest rates, and cost-of-living struggles have not deterred over half of would-be home buyers, the major bank’s survey has found.

Victorian commercial stamp duty reforms introduced to Parliament
21 March 2024

Commercial property stamp duty will soon be abolished in Victoria, as new legislation is introduced to bring in a new property tax instead.

Qld government introduces new laws to support home delivery
21 March 2024

The Miles government has introduced new legislation to hasten the delivery of more homes in the state.

$25m scam thwarted by NAB bankers
21 March 2024

A scam attempt almost cost one NAB customer a bundle before it was caught by a Sydney-based business banker.

‘We’re uncertain, we don’t know’, Bullock on rates outlook
20 March 2024

The RBA can neither “rule in or out” any interest rate changes going forward, Michele Bullock has said.

Australian mortgage rates increase faster than international peers
20 March 2024

Outstanding mortgage rates have increased faster than their global counterparts despite having one of the lower cash rate increases.

Timeline for inflation target ‘remains uncertain’ as RBA holds
19 March 2024

The RBA still carries doubts about when the target band for inflation will be reached.

CSLR releases credit intermediary levy costs
19 March 2024

Estimates have been released for the first and second levy periods that will fund claims from eligible consumers who have been the victims of financial misconduct.

Assetline Capital confirms ‘record loan settlements’ for CY23
19 March 2024

The non-bank lender has reported a surge in total loan settlements year on year.

Westpac supports 3,600 nurses and midwives into home ownership
19 March 2024

The major bank’s LMI waiver scheme has allowed thousands of nurses and midwives to get onto the property ladder faster.

Homes sales up in February from low levels: HIA
19 March 2024

New home sales rose during February but remain near low levels, the association has found.

Reserve Bank to hold interest rates steady
18 March 2024

The major banks foresee no change in the cash rate during the RBA’s March meeting.

Budget to include additional cost-of-living measures
18 March 2024

The upcoming budget will include additional cost-of-living measures to “take the pressure off inflation”, the federal Treasurer has confirmed.

NT receives $4bn housing investment
18 March 2024

Remote communities in the Northern Territory will see more housing come online as a result of a $4 billion investment from the federal and NT governments.

Qld to become first to deliver Help to Buy
15 March 2024

Queensland is on track to become the first state to implement the federal government’s shared equity scheme, Help to Buy.