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Economy

Report finds negative gearing is not driving up prices

A new report by the Australian Housing and Urban Research Institute (AHURI) has found that negative gearing is not responsible for high home prices.

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LATEST PODCAST: Royal commission submissions, vertical integration and market share analysis

The Mortgage Business Uncut podcast is your weekly analysis of the biggest themes shaping the Australian mortgages market.

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Fresh fears over bank leverage and risk-taking

The Bank for International Settlements fears that the longer-term profitability of the global banking sector could encourage lenders to engage in risk-taking and excessive leverage.

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Mortgage arrears fall in November

According to S&P Global Ratings, Australian mortgage arrears fell nationwide in November, with arrears in New South Wales and Victoria the lowest they’ve been in two years.

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NSW government urged to make progress on housing affordability

An industry body has urged the Berejiklian government to “embrace progress” and advance its policy agenda to boost housing affordability.

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‘No affordable housing markets in Australia’, report finds

Australia has no affordable housing markets, and Sydney is the second least affordable housing market in the world, a new report analysing 293 housing markets has found.

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Millennials to eclipse Baby Boomer real estate spending

A major real estate group is confident that the next five years will see Millennials eclipsing the real estate spending power of Baby Boomers, with 66.1 per cent of those born between 1982 ...

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Aussies more efficient with credit cards, causing debt to drop

According to new data, overall credit card debt has fallen for only the third time in Australian history.

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Stamp duty must be eradicated, says senior economist

A senior economist has called for state governments to remove “inefficient” stamp duty taxes in order to ease housing affordability issues.

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Sydney vacancy rates steady amid market instability

Residential vacancy rates in Sydney have remained stable despite fears of a downturn in the NSW capital’s housing market.

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