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Economy

FHB activity surges in NSW and Victoria
17 January 2018
mortgagebusiness

State government policy changes have led to a significant increase in housing finance approvals for first home buyers, according to fresh data from the Australian Bureau of Statistics.

Stamp duty ‘compounding’ housing affordability concerns
17 January 2018
mortgagebusiness

The Housing Industry Association has warned that state and territory governments’ dependence on rising stamp duty revenue is the worst it’s been in a decade, placing added pressure on ...

US players to ‘exploit’ gaps in Aussie mortgage market
17 January 2018
mortgagebusiness

A Deloitte partner has explained why cashed-up foreign companies are beginning to see the benefits of investing in Australia’s $1.6 trillion mortgage market.

Aussie home buyers afraid of auctions
16 January 2018
mortgagebusiness

According to a new study, nearly one in five Australians fear buying or selling property through the auction process.

Consumers warned of Afterpay danger
16 January 2018
mortgagebusiness

A loan comparison site has issued a warning to consumers about the dangers of Afterpay purchases as concerns over increased household debt linger.

Government consults on housing affordability plan
16 January 2018
mortgagebusiness

The federal government has released draft legislation to help establish a new Commonwealth entity to “improve housing outcomes for Australians”.

Mortgage redraws leave borrowers ‘worse off’: RateCity
16 January 2018
mortgagebusiness

According to new research, consumers that consolidate a car loan into their mortgage are “worse off”.

Goldfields and Finsure sign merger documentation
15 January 2018
mortgagebusiness

ASX-listed ADI Goldfields Money Limited and major aggregator Finsure have signed binding documentation ahead of a shareholder vote on the proposed merger.

‘No silver bullet’ for housing affordability, says government
15 January 2018
mortgagebusiness

A federal government minister has rejected criticism regarding the government’s housing affordability plan, saying that there’s “no silver bullet” for tackling housing affordability issues

Victorian mortgage size increase surpasses NSW
15 January 2018
mortgagebusiness

New index figures have revealed that the rate of increase in Victorian loan sizes over the past 12 months has almost doubled that of NSW.