Economy

Lenders will soon start seeing increasing losses from home loan portfolios as some borrowers suffer “sizeable repayment shock,” APRA chair Wayne Byres has warned.

The shortage of affordable housing suitable for older people is worsening, fuelling the need for more alternative housing and finance options.

The Mortgage Business Uncut podcast is your weekly analysis of the biggest themes shaping the Australian mortgages market.

The state’s Treasurer has unveiled his government’s vision for housing across Tasmania, pledging further support to spark ownership and supply.

Discover some of the top news stories impacting the mortgages space in this weekly wrap-up.

The central bank should have raised the official cash rate earlier than May given rising inflation, according to economist Stephen Koukoulas.

Senator Andrew Bragg has called for his party to retain its super for housing election policy, as it re-evaluates its agenda post-defeat.

The regulator didn’t appeal the decision of the Westpac expenses case due to the “economic and health crisis”, the former deputy chair of ASIC has revealed.

The Reserve Bank of New Zealand has lifted the benchmark interest rate to 2 per cent, as it tries to get a handle on surging inflation.

The major bank has said that a change in government did not currently necessitate a change to its economic forecast nor its interest rate expectations.