Breaking

Migration cap will not fix housing affordability: CoreLogic 
8 November 2023

Despite several economists calling for migration control as part of a housing affordability solution, CoreLogic has argued otherwise.

Cup Day hike to take 'heat out of the housing upswing'
7 November 2023

The November rate hike is set to disrupt the nation's housing market rebound according to CoreLogic's research director.

Market split 50/50 on interest rate decision
7 November 2023

While bank economists seem to unanimously agree on a rate hike, market expectations are split down the middle.

Westpac reports $51bn fixed-rate roll off
7 November 2023

Westpac has reported the "largest proportion" of fixed-rate loans rolled off during the financial year 2023.

3 charged over managed investment scheme 
7 November 2023

The charges follow the collapse of the Sterling First group of companies, which ASIC alleges left tenants homeless.

How could alleged mortgage Ponzi scheme go undiscovered?
6 November 2023

Questions are being asked about regulatory oversight following allegations that a law firm principal may have misappropriated funds from a mortgage lending scheme.

Summerland Credit Union transitions to a bank
6 November 2023

The Northern Rivers of NSW lender has transitioned to become a bank as it “seeks to put the power back in the hands of the community”.

‘Home owners happier than renters’: Great Southern Bank
6 November 2023

A report by the customer-owned bank has found that the majority of people agree that home ownership is important to their happiness.

Government releases Sustainable Finance Strategy consultation 
6 November 2023

The aim is to “mobilise the private investment needed” to help companies access the capital to transition to net zero, according to the government.

Investor activity driving up housing lending growth
3 November 2023

Lending activity from investors drove housing lending growth in September, the ABS has found.

High rates hurting approvals: HIA
3 November 2023

The RBA’s hiking cycle continues to dampen building approvals as the full effects are felt throughout the economy.

Brokers helping new home buyers bridge deposit gap 
3 November 2023

Despite a tough economic climate, 60 per cent of home buyers say now is a good time to purchase, according to Helia.

New CEO appointed at Suncorp Bank
2 November 2023

The non-major bank has appointed a new chief executive following resignation of Clive van Horen.

Mortgage stress risk to rise if RBA hikes: Roy Morgan
2 November 2023

As another interest rate increase looms, more mortgage holders are at risk of facing mortgage stress, Roy Morgan has found.

Australians go regional as costs rise 
2 November 2023

Regional NSW is the top migration destination for those leaving capital cities, according to a new report.