Breaking

New home sales have dropped nationally attributed to the steep rise in the cash rate over the past 14 months.

The major bank has revised its house price forecasts, suggesting home values will end the year up 4.7 per cent, not down 4 per cent, as previously expected.

The Victorian government has announced a $150 million investment to open housing for regional workers.

New research from the Australian Institute of Health and Welfare reveals how the country has fallen behind on the social housing requirements needed by a growing population.

A big four bank has announced it will restructure, including by changing its senior leadership for business and consumer banking.

Record-high mortgage payments were factored into the central bank’s decision to hold the cash rate.

New findings released by the credit bureau have raised concerns about the escalating financial stress levels on Australian households.

Jim Chalmers has said he aims to fill the deputy governor and a new assistant governor ‘relatively swiftly’ before the new governor takes over.

The major banks continue to maintain prevalence in market share when compared to non-major counterparts in the last quarter of the 2023 financial year.

The non-bank lender has announced Paul Dontschuk has stepped into the position of chief operating officer.

The non-bank lender has welcomed two new appointments to its team, strengthening its broker relations.

An independent, non-executive director has stepped down from the board of the major bank, effective immediately.

The major bank has changed its RBA call and now believes a hold in August is most likely.

Colonial First State Investments has reached an in-principle settlement regarding a superannuation class action about grandfathered commission.

There is still significant uncertainty regarding the movements of interest rates around the world, according to Commonwealth Bank of Australia’s chief executive.