Regulation

Nov 19 2021

The government has been urged to develop a national strategy to tackle housing affordability, with some suggesting there should be a new federal body or a minister.

Nov 17 2021

While he can’t rule out that the conditions for a rate rise could unfold next year, the Reserve Bank governor has insisted the probability is close to nil.

Nov 16 2021

The majority of mortgage holders are already maintaining higher loan repayments than required and won’t be shaken by a climbing cash rate, according to the Reserve Bank.

Nov 15 2021

In property markets faced with supply and lending issues, an economist has urged the government to launch a second rendition of the HomeBuilder program, specific to regional buyers.

Nov 12 2021

Home owners have built up their cash buffers as a “side effect” of surging housing prices, with the Reserve Bank arguing they’ve gained financial resilience despite higher debt levels

Nov 11 2021

Debt-to-income ratio limits and serviceability buffer changes are to be embedded into APRA’s standard for credit risk management.

Nov 11 2021

Senators have been told money laundering could further push up surging house prices, but real estate lobbyists have warned counterattack measures could also shake the market.

Nov 9 2021

Planning and regulatory processes around developments can drag out the time from zoning approvals to completed housing by up to 12 years, according to a Queensland regional council.

Nov 9 2021

Income and expense verification is the most popular use of Consumer Data Right data, according to a new report from open banking intermediary Frollo.