Breaking

CBA Home Buying Index down in November
18 December 2023

The major bank has recorded another drop in its Home Buying Index throughout the month of November.

RBA reveals how mortgagors are faring
15 December 2023

While the RBA has deemed Australia’s mortgage health as ‘resilient’, it acknowledges a rise in the number of borrowers experiencing severe financial stress.

Property sector confidence up, concerns remain: PCA
15 December 2023

Confidence in the Australian property sector has lifted, however, concerns around housing affordability and supply still persist, a survey has revealed.

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The former deputy will soon assume leadership of the state, after his only competition has withdrawn their candidacy.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