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Hardship applications have ‘risen materially’, finds CFR
12 March 2024

While most households are meeting loan repayments, hardship applications have risen materially, according to the Council of Financial Regulators.

How did the pandemic change the property market?
12 March 2024

When it comes to housing, the onset of the COVID-19 pandemic changed everything.

Government to introduce ‘regulatory grid’
11 March 2024

The Albanese government will release a biannual ‘regulatory grid’ to help provide a clearer outline of financial regulation and support better compliance planning.

Housing affordability at ‘crisis point’: REIA
11 March 2024

Mortgagor housing affordability has reached a record low, REIA’s latest report has found.

People First Bank releases inaugural half-year results
11 March 2024

The mutual bank has released its first half-year results since beginning operations as a standalone organisation.

Government finalises FAR rules
11 March 2024

The federal government has announced it has finalised the rules in order to support the Financial Accountability Regime’s full operation.

3 capital cities primed to see strong price growth: CBRE
11 March 2024

Perth, Sydney, and Adelaide have been touted as the three capital cities that will see strong property price growth this year, according to property valuers.

Young women less likely to own a home: CoreLogic
8 March 2024

There is a disparity between home ownership rates between Gen Z men and women, CoreLogic’s annual Women and Property Report has found.

Mortgage values drop in back-to-back months: ABS
8 March 2024

ABS figures have revealed another drop in new mortgage lending values.

First-ever Women in Finance Network Lunch launches
8 March 2024

As the world celebrates International Women’s Day today, Mortgage Business is proud to host the first-ever Women in Finance Network Lunch later this month.

APRA revokes Islamic Bank Australia's banking licence
7 March 2024

The regulator has confirmed it has revoked a restricted ADI licence upon request from the bank.

Major bank reports lift in home buyer confidence
7 March 2024

Home buying intentions have increased among Australians, a major bank’s report has found.

GDP growth slightly below RBA’s forecast
7 March 2024

The Australian economy has grown just shy of the central bank’s predictions, ABS data has revealed.

Cost-of-living relief for home owners urged by REIA
7 March 2024

The REIA has made an “urgent call” to the federal government to alleviate cost-of-living pressures for home owners in the upcoming budget.

Bankwest to become digital bank
6 March 2024

The CBA subsidiary will close 45 branches in Western Australia and rely more heavily on the broker channel as it has announced its move to become a digital bank.