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Economy

Mortgage stress to impact retail share prices, warns AMP
9 January 2018
mortgagebusiness

Investment manager AMP Capital has warned that the recent fall in share prices from some ASX-listed retailers could be “a sign of things to come” as mortgage stresses mount on younger ...

Government denies it ‘lied’ about ALP housing policy impacts
9 January 2018
mortgagebusiness

The Minister for Revenue and Financial Services has dismissed claims that the government overstated the impacts of Labor’s 2016 housing policies, following the release of confidential ...

Market downturn kicks off 2018
9 January 2018
mortgagebusiness

Slowed mortgage and housing market activity has continued in the first week of 2018, according to the latest data from CoreLogic.

Hobart to be new housing hotspot for 2018
9 January 2018
mortgagebusiness

The Tasmanian capital is set to be Australia’s “star performer” for housing in 2018, according to Mozo’s head of referrals.

Mortgage market has ‘never been so confusing’
8 January 2018
mortgagebusiness

Ongoing lending changes driven by APRA’s macro-prudential measures have dramatically changed the way one broker is helping his clients.

Government must reduce upfront housing costs, says industry body
5 January 2018
mortgagebusiness

The Housing Industry Association has called for the government to increase funding for the Housing Finance and Investment Corporation to develop measures that could ease affordability ...

Federal government urged to expand FHB tax break
5 January 2018
mortgagebusiness

A real estate industry body has called for the federal government to expand tax incentives for first home buyers in its upcoming budget.

Fresh calls for low-deposit home loans
4 January 2018
mortgagebusiness

The Property Council of Australia has advised the federal government to introduce new nationwide low-deposit home loans to ease housing affordability pressures.

‘Trump effect’ could prompt rate rise, says analyst
3 January 2018
mortgagebusiness

President Donald Trump’s new tax reforms that have led to interest rate rises in the United States could trigger a rate rise in Australia, an analyst has said.

RBA to lift rates by mid-year: HSBC
3 January 2018
mortgagebusiness

Strong economic growth and improvements in the mining sector should see the Reserve Bank begin lifting the official cash rate by mid-year, according to HSBC.