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Vic unveils $150m homelessness package

The Victorian government has launched a new $150-million package to address homelessness during COVID-19 and beyond.

Vic unveils $150m homelessness package
Former bank MD joins economic recovery taskforce

The former managing director of a regional bank has been appointed to a new federal government taskforce charged with supporting the economic recovery effort.

Former bank MD joins economic recovery taskforce
NSW temporarily extends stamp duty relief for FHBs

First home buyers in NSW could save more than $30,000 on new property purchases after the NSW government temporarily increases transfer duty relief and concessions.

NSW temporarily extends stamp duty relief for FHBs
TFF drawdowns to ‘ramp up’: RBA

The banking sector is set to increase its take-up of the Reserve Bank’s $90-billion term funding facility, according to the central bank’s assistant governor, Christopher Kent.

TFF drawdowns to ‘ramp up’: RBA
Resimac issues $1bn RMBS transaction

The non-bank lender has priced a $1-billion non-conforming Bastille RMBS transaction.

Resimac issues $1bn RMBS transaction
HomeBuilder sparks FHB land enquiry spike

The announcement of the HomeBuilder package has led to a surge in first home buyers enquiring about vacant residential land.

HomeBuilder sparks FHB land enquiry spike
Auction drop-off less drastic in Melbourne lockdown 2.0

The “negative shock” to home auctions in Melbourne has been less drastic in the second round of lockdown, new figures from CoreLogic show.

Auction drop-off less drastic in Melbourne lockdown 2.0
BOQ arrears rise, raises COVID provisions

The non-major bank has significantly increased COVID-related provisions amid an increase in delinquencies across its portfolio.

BOQ arrears rise, raises COVID provisions
Auswide withstands ‘significant increase’ in FHB volumes

The ASX-listed lender has lauded the strengths of its processing capabilities amid a sharp uptick in volumes.

Auswide withstands ‘significant increase’ in FHB volumes
Home prices won’t return to peak until ‘middle of decade’

Housing market risks are “swinging back to the downside” amid a return to stricter social distancing measures, which threaten to prolong a recovery in residential property prices, a senior ...

Home prices won’t return to peak until ‘middle of decade’
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