Regulation

New loans to investors rose at a more rapid rate than owner-occupiers during the December quarter, according to new data from APRA.

The state government will aim to address housing shortages across regional NSW through a new strategy, according to the minister for homes.

Reserve Bank governor Philip Lowe has said he doesn’t feel a “mounting pressure” to hike the cash rate, noting it would be a jolt for many borrowers.

Reserve Bank deputy governor Guy Debelle will depart to become an executive at an energy company.

The bank’s economists speculate August will see the cash rate reach 0.25 per cent, before gradually hitting pre-pandemic levels by 2022’s end.

The scheme devoted to assisting single parents into the housing market has been mostly embraced by women, according to the federal government.

Protecting consumers from predatory lending practices and slashing regulatory frictions with industry are among the corporate cop’s priorities for the year ahead.

Reserve Bank governor Philip Lowe has called the Ukraine war a “major new source of uncertainty”, with a rate rise seeming unlikely for the near future.

The federal government has announced financial support is available for flood-impacted victims, as major flooding continues in South-East Queensland and the NSW North Coast.

It can take more than six years to get new housing supply to market, with the government body warning that affordability hangs in the balance.