Regulation

New Housing Supply Council members unveiled
20 December 2023

The National Housing Supply and Affordability Council’s key appointments have been made public, ushering in a promising era for housing policy development.

Victoria’s granny flat reforms kick in
19 December 2023

Victorians can now build a small second home in Victoria without the need for a planning permit amid fresh reforms.

BCCC flags concerns over Code breaches
18 December 2023

The committee has raised concerns over Code breaches pertaining to supporting customers facing financial challenges.

RBA reveals how mortgagors are faring
15 December 2023

While the RBA has deemed Australia’s mortgage health as ‘resilient’, it acknowledges a rise in the number of borrowers experiencing severe financial stress.

AUSTRAC sets sights on non-bank lenders
13 December 2023

The anti-money laundering and counter-terrorism capabilities of non-bank lenders and financiers will come under scrutiny by the financial intelligence agency next year, after the body has ...

Victoria government dumps commercial stamp duty
12 December 2023

The Victorian government has confirmed its intention to abolish stamp duty replacing it with an annual property tax aimed at bolstering new housing development prospects.

Foreign investor changes ‘won’t solve the housing crisis’
11 December 2023

Increasing costs to foreign investors will not be the solution to improving housing affordability, the housing industry has warned.

Banks to be able to offer new form of advice
7 December 2023

Financial institutions will be able to offer a new form of personal advice, following a move by the government to create a new breed of ‘qualified advisers’.

SA’s rental reforms impact investor tenancy terminations
7 December 2023

Recent reforms in South Australia’s residential tenancy laws will implement specific grounds for terminating or declining to renew a tenancy.

APRA holds 3% serviceability buffer
5 December 2023

The prudential regulator has decided to maintain the mortgage serviceability buffer at 3 per cent.