Economy

Sydney property investors will no longer be permitted to inspect property in regional NSW from this weekend as the state tightens movement rules.

The property listings group has committed to returning millions of dollars in JobKeeper subsidies to the government while it expands its broker business.

Home buying intentions have trended downwards, clearly indicating the impact of lockdowns across Australia, CBA data has shown.

Households’ comfort with debt was on a decline during the first half of the year, despite broader financial security hitting a high.

New home sales fell by 20.5 per cent in July, but time will tell if ongoing lockdowns have tainted consumer sentiment, according to a housing body.

The RBA has announced its August rate decision as ongoing lockdowns dampen speculation about imminent rate rises.

The non-bank lender has hit the new milestone as part of its carbon conscious program, where a tree is planted for every new settled loan.

A report has found that home ownership is the single most important factor affecting a person’s perceived level of financial wellness.

The complaints authority has recruited three new ombudsmen (including from ANZ and Westpac), and promoted three others internally.

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