Breaking

The property market has shown “unusual” signs of resilience this winter, which is expected to continue into spring, CoreLogic head of research has said.

The major bank has said the peak in interest rates and surging migration are the primary drivers behind the market recovery.

The group’s lending platforms recorded almost 60 per cent loan book growth on 1H22 as it expects accelerated momentum in the years to come.

The non-bank lender has observed a growing trend of home owners looking for quicker ways to jump on property opportunities.

New residential loans declined across Australia in the financial year 2023 with new lending returning to pre-pandemic levels, a PEXA report has found.

First home buyers are required to save for over a decade on average to afford a deposit on a home, new research has found.

Sales of new homes continued to decline in July indicating 10-year lows for home building, the latest HIA New Home Sales Report has found.

The adoption of digital currency for mortgages is anticipated to progress at a ‘slower’ pace compared to other categories of financial assets, the pilot report has revealed.

The federal Treasurer has addressed the criticisms aimed at union representatives being appointed to the central bank’s board.

Submissions regarding the HAFF Bill’s second referral to the economics legislation committee will shut next week.

Using two loans to acquire a property for an SMSF can be done, but there are layers of documentation and regulations that must first be met, says a technical expert.

The major bank’s chief executive has urged that quick action is needed to address the country’s housing shortage problem.

Research has revealed participants of the scheme only increased their average deposit paid by $1,200 compared to all first home buyers, which rose over $50,000.

From January 2024, the state will have a dedicated Department of Planning, Housing and Infrastructure.

AMP has reached an agreement to settle a shareholder class action, ahead of a three-week trial.