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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.

Housing affordability improves for first time since 2021
11 June 2024

The proportion of income needed to meet repayments has dropped for the first time since the beginning of 2021, REIA has said.

Master Builders calls for construction industry reform
11 June 2024

The building association has called for action from the government with the construction industry currently the weakest link in the economy.

Perth property listings down 41.5% YOY: REIWA
10 June 2024

As supply has continued to undercut demand, the amount of properties listed for sale has plummeted in Perth, according to the institute.

Interest rate levels more of a worry for buyers than sellers
10 June 2024

Concerns over interest rate hikes are placing pressure on plenty of Aussies. However, new research has revealed that buyers are more concerned than sellers.

Victorian property tax to affect investment decisions
10 June 2024

SMSF trustees that invest in qualifying use property in Victoria from 1 July 2024 will need to be aware of how the new commercial and industrial property tax works, says a leading legal ...

New mortgage values up almost 25% YOY
7 June 2024

The ABS has revealed a surge in the value of new borrower-accepted loan commitments year on year.

RBA ‘won’t hesitate’ to hike if inflation remains sticky
7 June 2024

The central bank is prepared to increase interest rates should inflation remain persistent, the RBA governor has said.

Foreign buyer housing market share drops
7 June 2024

The share of foreign buyers in Australia’s housing market has fallen from previous heights.

Retirees consider passing home equity to children: AMP
7 June 2024

Retirees are finding it difficult to balance their desire to financially support their children and their retirement lifestyle, according to AMP research.

SA removes stamp duty threshold for FHBs
6 June 2024

To encourage first home buyers to build new homes, the South Australian government has removed the stamp duty exemption threshold.