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Chinese snap up $1.6bn of residential property in 6 months

China is on track to spend 33 per cent more on Australian residential property in this financial year, with $1.6 billion invested in just six months.

PROPERTY • Thu, 09 Mar 2023

Lenders in court over ‘serious’ credit breaches

ASIC has taken two small-business lenders to court for unlicensed credit activity and charging an annual interest rate of over 48 per cent.

REGULATION • Thu, 09 Mar 2023

End of rate hikes in sight: RBA

Following its 10th consecutive interest rate hike, the Reserve Bank of Australia has hinted that the end could be near.

ECONOMY • Wed, 08 Mar 2023

Mark Bouris says Resi has been a ‘massive learning curve’

Yellow Brick Road (YBR) acquired the non-bank lender in 2014, but it has taken almost a decade to get the business where it needs to be, says executive chairman Mark ...

LENDER • Tue, 07 Mar 2023