Oct 7 2021
More than 50,000 people have signed up for the government’s home-ownership schemes for first home buyers and single parents, since they commenced last year.
Oct 7 2021
The New Zealand central bank has decided to push up its cash rate and to unwind monetary stimulus, as it considers the country’s “unsustainable” house prices.
Oct 6 2021
The prudential regulator is increasing the minimum interest rate buffer it expects banks to use in serviceability of home loans.
Oct 6 2021
Home buyers using realestate.com.au may soon be able to generate a “financial passport” to help them understand their borrowing capacity, as part of a new partnership with Frollo.
Oct 6 2021
Regulators would look to avoid a “sharp crackdown” on lending at a time when monetary and fiscal policy are aimed at bolstering the economy, according to an economist.
Oct 5 2021
Reserve Bank governor Philip Lowe has said regulators are looking to maintain lending standards and serviceability buffers at an “appropriate” level.
Oct 5 2021
More fundamental policies by state and federal governments are required to address poor housing affordability in addition to macroprudential policies, an economist has argued.
Oct 4 2021
The real estate platform has warned the pandemic widened the wealth divide, draining Australia’s young people and low-income workers’ ability to buy housing for the long-term.
Oct 1 2021
ANZ was the only major bank to record a fall in both owner-occupier and total loans in August, continuing its recent trend of a slimmer book, new data has shown.
Oct 1 2021
A multimillion-dollar class action has been filed against the New Zealand units of ANZ and CBA, alleging failure to refund wrongfully charged loan fees to 150,000 customers.
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