Economy

Australian banks have announced that they will support customers with a new phase of COVID-19 support, extending mortgage repayment deferrals by another four months, where appropriate.

Enquiries to property developers have soared to record levels on realestate.com.au since the announcement of the HomeBuilder package, according to new data.

The central bank has issued a monetary policy strategy update following its monthly board meeting.

The technology solution provider has acquired open banking fintech Frollo in a bid to “improve lending experiences using open banking”, reduce expenses headaches and improve approval times

Two-thirds of analysts do not believe that now is a good time to purchase a home, according to new research.

More than half of all mortgage holders believe that the interest rate on their home loans could be lower, but are settling for their current rate, according to research.

A seasonal reduction in the number of homes taken to auction has coincided with an increase in clearance rates over the past week.

Australians are increasingly prioritising spacious living and separate study areas in their next home amid COVID-19 restrictions.

While Australia will fare better than Europe and the Americas, it will still be a “shocker” of a year, with the eye now on reducing unemployment levels when government support ends, says ...

Melbourne’s property market has taken a harder hit by shocks in employment in the wake of COVID-19, with more shocks expected.