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Household equity to ward off debt concerns: RBA

While the RBA deputy governor warns Australian borrowers pose “potential risks” to the financial sector, ballooning assets ...

Cash rate to pass 3% by November: ANZ

The major bank has revised its cash rate forecast, now expecting the Reserve Bank to hike rates to 3.35 per cent by ...

Almost half of Australian homes lost value over latest quarter

Over 41 per cent of housing across the country lost value during the three months to June, according to new CoreLogic figures

Less than 20% think now is a good time to get a mortgage: NAB data

The number of Australians who think now is a good time to get a mortgage has fallen dramatically, dropping to less than one ...

Clearance rates fall for sixth consecutive week: CoreLogic

The number of capital city homes clearing at auction have continued to sink, despite a recent lift in volumes.

New Zealand inflation hits highest in 32 years

The country’s official data agency has said that the consumer price index hit 7.3 per cent during the June quarter.

Suncorp Bank to be sold to ANZ

Suncorp has signed an agreement to sell its bank to ANZ.

Fixed-rate ‘cliff’ to impact consumer spending

Following predictions of a 2023 borrower migration to variable rates, an AMP Capital analysis suggests this trend could erode ...

New residential construction continues to decline nationally: ABS

The number of total dwelling commencements has fallen for the third consecutive quarter, however dwellings currently under ...

BNZ issued warning under anti-money laundering legislation

New Zealand’s central bank has issued a formal warning to Bank of New Zealand over its failure to correctly report the ...

Making news this week (ending 15 July)

Making news this week, Labor won’t budge on repealing responsible lending laws, flood support extended and expanded for NSW ...

Australian housing prices continue fall

Dwellings across the country are continuing to lose value, with SQM Research data reporting an average loss of 1

‘Inadequate’: Coronis CEO challenges government’s housing schemes

The property business’ chief executive has raised questions over the federal government’s Home Guarantee Schemes and whether ...

BNK report settlement growth of 52%

The banking group has released its latest trading update, reporting “record volumes” over June and distinct growth during the ...

New listings bump back over June: PropTrack

Fresh listings for the month have increased at their highest rate in over 10 years, according to new figures by the analytics ...

Cash rate to hit 2.35% by November: NAB

The major bank has revised its expectations for future hikes, speculating rates will be 25 bps higher at the tail end of 2022

RBNZ hikes cash rate to 2.5%

New Zealand’s cash rate has risen for the sixth consecutive time, with the country’s central bank lifting the figure by 50 ...

WA launches home loan pilot for apartment purchases

The Western Australian government has announced a new home loan pilot for two-or-more bedroom apartment purchases, in ...

BOQ pays $133,200 for CDR breach

The Bank of Queensland has paid a penalty of $133,200 for allegedly breaching the consumer data right rules by failing to ...

Planning failures deepening the flood crisis: ABC reveals

As Australia is faced with another flood crisis questions are being raised about how future developments in floodplains are ...

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