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Economy

‘No easy feat’: Saving for an FHB deposit

As escalating property prices outpace wage growth, saving for a home deposit could take a dual household more than five years.

‘No easy feat’: Saving for an FHB deposit
WA urged to reform stamp duty for FHBs, seniors

A real estate industry body has called on the Western Australian government to issue stamp duty relief for first home buyers, seniors, off-the-plan purchases and small businesses.

WA urged to reform stamp duty for FHBs, seniors
How COVID changed the Australian property market

To mark the two-year milestone of the pandemic, CoreLogic has counted off the impacts for the Australian housing market.

How COVID changed the Australian property market
Customer-owned banks warn of flood scams

Financial scammers begin to prey on “distressed individuals”, as the widespread devastation from the floods across NSW and Queensland leaves thousands vulnerable.

Customer-owned banks warn of flood scams
Housing inaffordability could risk social cohesion

The rising cost of housing and a growing wealth imbalance is an emerging social issue that could threaten “social cohesion”, according to a leading demographer.

Housing inaffordability could risk social cohesion
Customer-owned banks cooperate to provide flood support

An array of customer-owned entities has come together to provide a banking hub for the residents of the Northern Rivers city, Lismore.

Customer-owned banks cooperate to provide flood support
RBA governor says 2022 rate hike is ‘plausible’

The Reserve Bank could raise the cash rate later this year, but governor Philip Lowe has said it depends on the Ukraine war and local wages.

RBA governor says 2022 rate hike is ‘plausible’
More disaster assistance flows to flood victims

More financial assistance begins to pour in for flood-impacted residents, as the deluge of the floods leaves hundreds of thousands of people affected.

More disaster assistance flows to flood victims
Correction in housing expected: Former treasurer Peter Costello

A “correction” in the housing market could be on the cards as interest rates lift, the former federal treasurer Peter Costello has suggested.

Correction in housing expected: Former treasurer Peter Costello
EXCLUSIVE INTERVIEW: Shadow financial services minister and shadow assistant treasurer, Stephen Jones MP

In this exclusive interview with shadow financial services minister and shadow assistant treasurer, Stephen Jones MP, join Momentum Media’s editor of mortgages Annie Kane as she speaks to ...

EXCLUSIVE INTERVIEW: Shadow financial services minister and shadow assistant treasurer, Stephen Jones MP
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