Breaking

With rapidly rising interest rates having slowed spending and inflation, consumers could expect cuts by March next year, according to lender economists.

Growth in the major bank’s annual HSI has slowed due to rising rates and is expected to continue into the new year.

After undergoing revisions, the Housing Australia Future Fund has successfully gained approval in the Senate, welcomed by industry leaders.

While consumer sentiment among mortgage holders has increased, overall sentiment still sits at 30-year lows, Westpac has revealed.

An annual survey has shown a “staggering” number of investors across the nation selling one or more of their rental properties in the past 12 months, exacerbating the rental crisis.

The “day 1” pilot transactions across both PEXA and Sympli represent a “critical milestone”, according to the regulator.

The Minister for Housing has said there is a “major need” for housing investment, with institutional investors “largely absent”.

The federal government has introduced a bill that allows for the allocation of housing infrastructure funding in regional, rural, and remote Australia.

A new chairperson has been confirmed at the non-major banking group to succeed outgoing chair Jacqueline Hey.

The non-major bank has confirmed the upsizing of an RMBS following investor demand.

The federal government’s Housing Australia Future Fund is set to pass Parliament after support from the Greens.

The Australian Banking Association has submitted a proposal to ASIC to establish a new banking code.

Senior public servant Michael Carey has been selected to “play a pivotal part” in the state’s financial management.

After the RBA’s decision and recent GDP data, the major bank has said it believes a soft landing is possible.

The Australian Bureau of Statistics has released the June quarter national accounts.