Economy

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.

Consumer confidence hits four-year high
12 January 2018
mortgagebusiness

The ANZ-Roy Morgan Australian Consumer Confidence index has hit 122, reaching a high note not seen since November 2013.

NSW government slammed for policy inaction on housing affordability
12 January 2018
mortgagebusiness

“Sound bites and slanging matches” won’t ease housing prices, an industry body has said in a scathing attack on the NSW government’s policy agenda.

Half of Aussies prepared to miss out on dream location
11 January 2018
mortgagebusiness

Increasingly limited choices and escalating prices are forcing many Australians to rethink their options when it comes to choosing a new home and location.