Economy

Jun 30 2020

The number of auctions held across Australia has hit its highest level in nine weeks, indicating ongoing improvement in seller confidence, according to CoreLogic.

Jun 29 2020

A milder than expected increase in mortgage delinquencies could offset the impact of widespread job losses on the residential property market, according to CoreLogic.

Jun 29 2020

ASIC has approved an application for temporary amendments to the banking code to allow banks to better manage the COVID-19 crisis.

Jun 26 2020

The banking sector has welcomed the federal government’s latest stimulus package, which involves the phased rollout of a range of new grant and loan programs.

Jun 26 2020

Home loans approved outside of standard serviceability standards are beginning to show signs of deterioration, with S&P reporting a rise in delinquencies.

Jun 25 2020

The national housing body has released its largest bond issue, which will support community housing providers across four states.

Jun 25 2020

Australia has maintained its AAA credit rating and a stable outlook despite facing the economic shocks of the coronavirus pandemic.

Jun 24 2020

Liquidity reserves and interest rate buffers built into Australia’s RMBS transactions will provide lenders with an added layer of protection against an expected COVID-induced spike in ...

Jun 23 2020

A COVID-induced drop-off in immigration volumes is set to have “big implications” on underlying demand for residential property over the medium term, according to a new analysis.