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Economists remain firm on rate cuts this year
9 May 2024

Lender economists continue to anticipate rate cuts later this year, despite the central bank entertaining the potential of discussing rate hikes.

Majors allowed to jointly arrange aggregator assurance reviews
9 May 2024

The regulator has granted the big four major banks to develop an assurance acquisition program for aggregators.

75% think banks are prioritising profit over service
9 May 2024

The majority of Australians believe that banks are putting profits over customer service, according to new data from COBA.

HIA welcomes budget boost for skilled workers
9 May 2024

The federal government has announced a budget commitment of over $90 million to boost the number of skilled workers in the housing sector.

Brokers settled $28bn ANZ home loans in 1H24
8 May 2024

The major bank has said that mortgage brokers settled the majority of its home loans in its half-year results.

Victorian Homebuyer Fund to end next year
8 May 2024

The state government has earmarked an additional $700 million for its shared equity home buying scheme for its final year.

Law firm warns of soaring settlement scams
8 May 2024

Hackers are increasingly targeting home buyers to scam them out of their settlement funds, according to Slater and Gordon Lawyers.

‘We might have to raise, we might not’: Bullock
7 May 2024

The monetary policy board has made its decision for the official cash rate for the month.

A rate rise may not be imminent, but is it inevitable?
7 May 2024

While the general consensus is for the central bank to hold the cash rate at 4.35 per cent today, rate hikes may be “inevitable” to quell inflation.

Westpac housing loans up 5% YOY
7 May 2024

The group’s total mortgage portfolio has increased by over $50 billion, according to its latest financial results.

Home Guarantee Scheme reaches new milestone
7 May 2024

More than 150,000 Australians have achieved home ownership under the government scheme.

Housing market ‘far from healthy’: NHSAC
7 May 2024

The National Housing Supply and Affordability Council has assessed Australia’s housing market in its inaugural State of the Housing System 2024 report.

Should we be calling Macquarie a major bank now?
6 May 2024

OPINION Macquarie’s latest financial results show its mortgage book accounts for over 5 per cent of the bank market share, so should we be calling it a major bank?

Home loan values record strong yearly growth: ABS
6 May 2024

Rising house prices have accentuated the year-on-year increase in the value of new mortgages.

High-density approvals reach 12-year low
6 May 2024

While dwelling approvals have begun to rise from the doldrums, high-density approvals reached a 12-year low in March, according to new data.