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Lucy Dean

AUTHOR | No. of articles: 145


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$1.3b of loans reclassified as housing credit grows 6.6%

Around $55 billion worth of loans have been reclassified as owner-occupied since July 2015, the Reserve Bank of Australi...Read More
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Home ownership rate among young Aussies falls by 10%

The percentage of young Australians who own their own home has collapsed by 10 per cent since 2002, while average househ...Read More
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Mutuals lift IO rates by up to 50 bps

Teachers Mutual Bank and its subsidiaries have announced a raft of rate hikes to their interest-only offerings, with so...Read More
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‘Culmination’ of factors sees Australian housing market ‘lose st...

Higher mortgage rates, affordability barriers and tighter lending criteria are biting and, as a result, the Australian h...Read More
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ANZ wins FHB Canstar Bank of the Year

A major bank has won the Canstar Bank of the Year for First Home Buyers, while five separate institutions were labelled ...Read More
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Property crash won’t be ‘that bad’: Citibank

Australia’s housing market is cooling, but a property crash “won’t be that bad”, Citibank has said, pointing to ...Read More
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Lender cuts IO rates by 20 bps

A non-major lender has announced a spate of rate cuts across its owner-occupier loans. Read More
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Macquarie grows mortgage portfolio to nearly $30bn

Expectations for the 2018 financial year are optimistic at Macquarie Group. At its annual general meeting (AGM), the gro...Read More
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Lender increases IO variable rates by 30 bps

Citibank is set to introduce a series of changes to its home loan variable rates for clients making principal and intere...Read More

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