Economy

“Detailed” consultations are due to begin with lenders regarding their participation in the federal government’s First Home Loan Deposit Scheme.

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.

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.

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

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.

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

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

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.

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

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.