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Unemployment ticks up to 3.9%: ABS
15 December 2023

Australia’s unemployment rate has continued to increase, the ABS has revealed.

LIXI appoints 2 board members
15 December 2023

The not-for-profit organisation has announced the appointment of two new board members.

Less than 50% of future FHBs likely to use brokers 
14 December 2023

Only four in 10 future first-time borrowers are likely to choose the mortgage broking channel, according to new research released by the FBAA.

MYEFO shows $6.5bn towards housing: Treasurer
14 December 2023

The federal government’s latest MYEFO has revealed the moves made to combat the country’s housing supply and affordability issues.

Steven Miles to be appointed next Qld Premier 
14 December 2023

The former deputy will soon assume leadership of the state, after his only competition has withdrawn their candidacy.

AUSTRAC sets sights on non-bank lenders
13 December 2023

The anti-money laundering and counter-terrorism capabilities of non-bank lenders and financiers will come under scrutiny by the financial intelligence agency next year, after the body has ...

Major banks move to speed up business lending
13 December 2023

Two major lenders have announced moves to hasten the process of business lending.

Home buyer sentiment lifts in December: Westpac
13 December 2023

The major bank has recorded a shift in home buyer sentiment, however, levels still remain weak by historical standards.

Distressed listings remain low despite mortgage concerns
13 December 2023

Distressed property listings remained low in November, with some cities reaching record-low levels, despite rising mortgage costs, according to new data.

Wave Money appoints new head of lending
13 December 2023

The non-bank lender has announced a key leadership appointment as it looks to continue business growth.

1/3 mortgagors unprepared for current interest rates, report finds
12 December 2023

Over one-third of investors and home owners have indicated they are not prepared for interest rates to remain at current levels, a report has found.

Victoria government dumps commercial stamp duty
12 December 2023

The Victorian government has confirmed its intention to abolish stamp duty replacing it with an annual property tax aimed at bolstering new housing development prospects.

Foreign investor changes ‘won’t solve the housing crisis’
11 December 2023

Increasing costs to foreign investors will not be the solution to improving housing affordability, the housing industry has warned.

Affordability at ‘new lows’: REIA
11 December 2023

Surging housing and rental prices and rising interest rates have exacerbated housing affordability conditions, REIA has found.

Treasurer, RBA reveal conduct of monetary policy statement
11 December 2023

The statement has emphasised the government’s commitment to an independent Reserve Bank as well as outlining the objectives of monetary policy.