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Auction activity remains strong; new listings are up

The week ending 17 September recorded yet another busy week for auction activity, recovering from the slight fall in the week ...

Non-bank announces immediate retirement of chairman

Jon Denovan has been elected as the new independent chairman of the company as part of several recent appointments.

Major brokerage announces plans to delist

The mortgage broking group is set to go private again after applying to the ASX requesting to be removed from the stock ...

Unemployment rate holds steady at 3.7%: ABS

The ABS has released the latest unemployment rate data, revealing a resilient labour force that surpassed some forecasts from ...

CBA’s $50m CCI class action settlement approved

The Federal Court has approved the major bank’s $50 million settlement in a class action focusing on junk consumer credit ...

AMP CEO appointed to FSC board

The Financial Services Council has appointed two chief executives to its board.

Rate anxiety affecting 75% of mortgagors

A recent poll reported that three-quarters of mortgage holders say their health and relationships have been impacted by ...

Great Australian dream ‘alive and well’: Mortgage Choice

The majority of Australians believe that property is still a good investment despite current economic conditions, the ...

AHURI calls for ‘smarter government interventions’ to help FHBs

The national research organisation has outlined certain measures the government can adopt to assist first home buyers in ...

Median dwelling values rose 2.8% in June quarter: ABS

The average price of residential dwellings rose for the quarter ended 30 June 2023, ABS has confirmed.

Rate cuts could come by March 2024, say AMP, CBA

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

Softness in spending likely to continue into 2024: CBA

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

Industry welcomes passing of Housing Australia Future Fund

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

Mortgagor confidence up, but overall sentiment still languishes

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

Increase in resi investor sales worsens rental crisis: PIPA

An annual survey has shown a “staggering” number of investors across the nation selling one or more of their rental ...

E-conveyancing interoperability pilot a ‘success’: ARNECC

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

Institutional investment key to housing recovery: Julie Collins MP

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

Housing investment bill set to unlock funds for regional Australia

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

Bendigo and Adelaide Bank appoints a new chair 

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

AMP Bank upsizes RMBS

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

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