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Economy

Housing system is ‘monumentally messed up’, warns political party

Urgent calls for government to provide more affordable housing have been issued after a new report found that just two rental listings in the whole of Australia were suitable for single ...

Apartment building
Regional markets hold firm as bittersweet price slump continues

National dwelling values have now suffered a peak-to-trough fall of over 7 per cent, with sharp declines across the country’s capital partly offset by resilient regional markets. 

Suburbs
Housing industry ‘more vulnerable to skill shortages’

The Australian housing industry is “more vulnerable to skill shortages” than many others, and the proposed changes to the 457 skilled working visa won’t help this issue, according to the HIA

House
ACCC clamping down on cartel conduct

Cartel enforcement in Australia was impacted by “several notable events” in 2018, which in turn has highlighted the work being done by the ACCC to combat cartel conduct domestically, a new ...

ACCC
‘Imminent’ RBA cut to ‘validate’ low-rate environment

The recent wave of out-of-cycle mortgage rate reductions is expected to be entrenched by a cut to the official cash rate, which some analysts predict could come as early as next month.

RBA
Fixed mortgage rate cuts continue

ING has repriced its fixed home loan products, cutting rates by up to 19 basis points.

ING Building
Flat CPI stokes expectations of cash rate cut

Stagnant inflation growth reported by the ABS has fuelled speculation of looming monetary policy adjustment from the RBA.

RBA
APRA authorises new bank

Another challenger bank has been granted a banking licence by the prudential regulator.

Judo’s co-CEO Joseph Healy
Prospective borrowers struggling to grasp mortgage concepts

Almost half of prospective home buyers are unfamiliar with key mortgage terminology, according to new Westpac research.

Couple reviewing a document
Abolishing LRBAs could ‘unjustifiably disadvantage’ SMEs

Small businesses would be “unjustifiably disadvantaged” if limited recourse borrowing arrangements were to be abolished, the CEO of a commercial property lender has warned.

Thinktank
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