Breaking

Broker channels are dominating residential loans at AMP, according to the bank’s results for FY23.

The non-major lender has announced that it has appointed a new head of home lending and broker distribution.

The RBA has elaborated on the potential risks facing its expectations for inflation.

The Treasurer has provided assurance that there will be no alterations to either negative gearing or capital gains.

New sentiment reports have shown buyers are hopeful about interest rates, which has driven a slight uplift in sentiment among home buyers.

The decline in median loan values has indicated a small improvement in buyer affordability, PEXA’s report has found.

The party has called for substantial changes to negative gearing in negotiations on the Help to Buy Bill.

The lender has welcomed a new member to its executive team after hiring a new chief risk officer.

The state’s capital city and regional sales numbers are currently above historic averages, new CoreLogic data has found.

Auction clearance levels have hit their highest rate since June 2023, according to new data.

Directors will be held personally accountable if predatory lending and high-cost credit have resulted in consumer harm, the financial services regulator has warned.

Speaking at the National Regional Housing Summit, member of Parliament for Deakin, Michael Sukkar, has said an LNP leadership would “cut out state governments” to address the housing crisis

The central bank may not wait for inflation to return to its target band before cutting interest rates, the RBA governor has said.

The cash rate is unanimously believed to be at its apex; however, borrowers are still showing signs of stress.

The mortgage manager has surpassed $7 billion in settlements since launching five years ago.