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National home loan affordability fell “dramatically” in 2021, with a record calendar year decline of 14.5 per cent, according to non-bank lender Bluestone.
The governor of the Reserve Bank has defended the central bank’s cash rate forecasting, despite increasing expectations from market that a rate rise will come sooner than flagged.
The government has almost doubled the savings cap for rookie buyers working towards a house deposit under the First Home Super Saver Scheme.
Charges against Citigroup, Deutsche Bank AG and four senior banking executives alleging criminal cartel behaviour have been dropped by the CDPP.