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Feb 1 2017
A chief economist has said that home loan rates would have to rise by at least two percentage points before it starts to become “a big issue” for mortgage holders.
Feb 1 2017
All of Australia’s five major housing markets have been classed as "severely unaffordable" by a recent report, with Sydney ranked as the second least affordable in the world after Hong Kong
Jan 31 2017
More than 180 apartment projects, valued at a total of $1.6 billion, were deferred in the final quarter of 2016, with a further half a billion dollars’ worth of projects abandoned in the ...
Jan 31 2017
Over 3 million Australians are set to fork out $397 million in interest payments as they face a ‘debt hangover’ following the festive period.
Jan 31 2017
Building on last year’s reforms to address concerns with their culture, Australian banks have announced a series of new initiatives including improved protections for whistleblowers and a ...
Jan 30 2017
International ratings agency Moody’s has downgraded Australia’s banking sector risk from “an indicative very low” to “very low” to reflect the banks’ “high exposure to mortgages amid ...
Jan 30 2017
ASIC has permanently banned a former Aussie Home Loans mortgage broker from credit and financial services industries.
Jan 30 2017
The median house price in Victoria's capital has surged to more than $750,000 for the first time, recent data shows.
Jan 27 2017
New figures from the Australian Bureau of Statistics show that inflation has hit its lowest annual inflation rate in 20 years.
Jan 27 2017
A big four bank has revised its predictions for national house price growth in 2017 as the market responds to recent rate changes.
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