Economy

Regional Queensland rental market shows ‘promising signs’
12 May 2017
mortgagebusiness

New data has revealed improving conditions in regional Queensland property, which according to the Real Estate Institute of Queensland shows the area is “nurturing green shoots of recovery”

Analysis: The missing piece in Australian housing
11 May 2017
mortgagebusiness

The 2017 federal budget included a raft of measures to improve housing affordability. But will any of these measures actually improve the situation?

New measures seek to improve banking competition
11 May 2017
mortgagebusiness

The federal government has unveiled a range of measures that aim to make the banking industry more competitive, including allowing ADIs with less than $50 million in capital to call ...

Housing affordability measures announced in budget
10 May 2017
mortgagebusiness

The Treasurer has released the federal budget for 2017/18, which includes a range of measures that aim to make the housing market more affordable, as well as moves targeting banks.

Foreign firms could 'colonise' Australian banking
10 May 2017
mortgagebusiness

Australia’s slowness to offer open data leaves the country’s banking sector open to an incursion from more competitive foreign companies, according to Tyro Payments.

Residential building approvals post sharp decline
10 May 2017
mortgagebusiness

March figures from ANZ and the HIA have revealed a fall in approvals for residential building, which more than offset the increases in the previous two months.

Major bank chief predicts inner-city housing downturn
9 May 2017
mortgagebusiness

The CEO of a big four bank expects a reduction in mortgage growth over the next 12 months as regulatory measures slow the Sydney and Melbourne property markets.

Economy to face challenges as housing boom ‘unwinds’
9 May 2017
mortgagebusiness

The heavy reliance on housing to rebalance the economy after the mining boom has created financial stability and macroeconomic risks, an investment bank has flagged.

Auction rates reveal a ‘softening trend’
9 May 2017
mortgagebusiness

CoreLogic’s rolling four-week average clearance rate for the nation is being driven down by Sydney’s final clearance rate drifting lower over the past two months.

Half of FHBs don’t think super would help secure home
9 May 2017
mortgagebusiness

Fifty-five per cent of first home buyers do not believe that using their superannuation savings would help them secure their first property, new data has found.