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Economy

FHB approvals hit 10-year high

The total value of home loans approved for first home buyers increased by over 20 per cent in July, according to an analysis of the latest ABS data.

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TMB reveals ethical short-term deposits

The bank has announced that all future wholesale short-term deposits have been ethically certified, the latest TMB product to be officially recognised as ethical and responsible.

Teachers Mutual Bank
Analysts brush off return to ‘boom time conditions’

The rebound in housing market conditions will be “far more constrained” than recent data has suggested, according to analysts.

Shane Oliver
House price expectations continue to rise

Consumer’s house price expectations have continued to improve, up 45.8 per cent in the four months since May, a new study has found.

House price expectations continue to rise
Federal government to waive Tasmania’s housing debt

The federal government has agreed to waive Tasmania’s $157.6-million housing debt to address continuing housing affordability issues within the state.

Michael Sukkar
Auction clearance rates continue to soar

CoreLogic has reported a nationwide improvement in auction clearance rates, with clearances holding above 70 per cent for the third consecutive week.

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HEM battle rages on in Federal Court

The HEM debate has resurfaced following ASIC's decision to file an appeal against the Federal Court’s verdict in  its responsible lending case against Westpac.

HEM battle rages on in Federal Court
Major bank slashes mortgage rates by up to 130 bps

A big four bank has cut interest rates across its variable and fixed rate home loan offerings for both owner-occupiers and investors.

Mortgage rates
Supply and demand ‘imbalance’ to trigger nationwide price boost

A misalignment of supply and demand is set to spur property price growth of up to 20 per cent in the coming years, according to new research from QBE.

Suburbs
Suncorp Group appoints new CEO

A non-major has announced the appointment of a new group managing director and CEO. 

Suncorp Group appoints new CEO
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