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WA affordability hindered by demand
17 June 2024

Despite persisting as Australia’s most affordable state, recent REIA data has confirmed that the proportion of income needed to fulfil both loan repayments and rental payments has increased

Unemployment rate slightly down: ABS
14 June 2024

The number of workers waiting to start or return to their jobs in May has caused a small drop in unemployment, the ABS has revealed.

Mortgagor spending eases month on month: Major bank
14 June 2024

New research has found mortgage holders have curbed their spending in May from the previous month.

Median house prices continue to rise across much of Australia
14 June 2024

Despite predictions expecting the contrary, median house prices across many parts of the country are still rising.

Plenti announces new CEO
13 June 2024

The lender has named its new CEO set to enter the role in late July.

Resi mortgage growth remains above pre-COVID-19 levels
13 June 2024

Although growth has weakened, residential mortgage growth continues to perform above pre-pandemic levels, APRA has revealed.

Tasmanian FHB support passes House of Assembly
13 June 2024

Tasmania is the latest state to make changes to its stamp duty concessions for first home buyers.

Brisbane, Perth, and Adelaide to continue outperforming other states
13 June 2024

Research from a major bank has suggested these states will see new peaks in house prices over the next year.

AMP Bank to ‘transform’ settlement process
13 June 2024

Continuing the bank’s digital transformation, AMP Bank has partnered with MSA National.

Qld passes Help to Buy legislation
13 June 2024

Queensland has become the first state to pass the federal government’s share equity scheme legislation.

Major bank shifts rate call
12 June 2024

The major bank has cited “several factors” contributing to the change of its cash rate call.

Miles government increases FHB stamp duty concessions to $700k
12 June 2024

The Queensland government has announced reduced costs for first home owners through lifting the concession on the transfer duty threshold.

Total dwelling values show subdued growth: ABS
12 June 2024

The total dwelling value growth in Australia slowed in the March quarter according to the Australian Bureau of Statistics.

More falling behind on repayments despite ‘contained’ lending risks
12 June 2024

The number of mortgage holders failing to meet repayments has continued a steady climb, the CFR has found.

Home prices to increase 6% in 2024: Westpac
11 June 2024

With house price growth varying between states, the major bank has unpacked its house price forecast for the rest of the year.