Economy

Australia’s non-ADIs have been “making hay” off tighter lending conditions, but their appetite for interest-only and non-conforming loans carry risks, according to a mortgage market analyst

Australia’s property market slowdown is set to continue over the coming years, with a particularly challenging outlook for the Sydney apartment market, according to BIS Oxford Economics.

Two lenders have announced rate changes on their home loan offerings, with rises of up to 40 basis points.

The federal government has announced the appointment of the inaugural chair of the National Housing Finance and Investment Corporation.

An alternative funder of residential property developments is confident that Australia’s banks will never again offer mezzanine funding for real estate assets.

The international banking and financial system is rendering the Reserve Bank’s use of the cash rate mechanism obsolete, according to a mortgage industry analyst.

Housing market downturns in Sydney and Melbourne are continuing to drive down national home prices, with the latest data from the Australian Bureau of Statistics revealing a $22

The New South Wales government has set aside $1.18 billion in its 2018–19 budget for housing and community amenities, but there is little for NSW buyers as a whole.

A community sector and charities specialist is to become the new chief ombudsman and CEO of the newly formed dispute resolutions body, the Australian Financial Complaints Authority.

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