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Listed brokerage settles record number of loans

Mortgage Choice has announced that it settled a record $6.4 billion of loans in the half year ending December 2016, up 2.4 per cent on the prior comparative period.

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Construction falls for second quarter in a row

The level of construction work done in Australia fell for the second consecutive quarter in Q4 last year, according to recent findings by ANZ.

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Nationals MP calls for deposit-free home buying

A federal government MP has suggested that housing could be made more affordable for first home buyers in Australia if banks would waive the need for a deposit for those with a three-year ...

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Helping older Australians could unlock housing supply

Housing supply could be improved by assisting retirees and upgraders who are being impeded from selling their properties due to the cost of stamp duty, according to the Real Estate Institute ...

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Ratio of household debt to income ‘at record high’

The governor of the Reserve Bank says that Australian households are carrying more debt than they have before, which is a “significant issue” that the central bank is “watching carefully”

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‘Strong negative turn’ in investor sentiment could correct market

A recent downtrend in investor property appetite could trigger a correction in the housing market if it were to continue, according to a market analyst.

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Auction volumes surpass 2,000 for first time in 2017

There were 2,280 dwellings auctioned off in Australia’s capital cities in the week ending 19 February, marking it the first time the number of auctions had surpassed the 2,000 milestone in ...

mortgagebusiness
Equity release company partners with credit union

Homesafe Solutions Pty Ltd has announced it has entered into a referral partnership with Nexus Mutual (previously Esso Employee Credit Union).

mortgagebusiness
Former QLD premier appointed ABA CEO

Anna Bligh, former premier of Queensland, has been announced as the new chief executive of the Australian Bankers’ Association.

mortgagebusiness
Housing market ‘not all about owning home’, says RBA

The RBA’s assistant governor (economic) says that although there are some “pockets of potential stress” in the housing market, housing affordability is more layered and complex than much of ...

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