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New data from the major bank has revealed almost half of new property investors in 2023 were Millennials.

Mergers will be approved within 30 working days and follow a single decision-making process as part of new merger reforms, which the ACCC has welcomed.

Lending to build or purchase a new home remains at two-decade lows, signalling a more persistent downturn, HIA’s chief economist has said.

The Albanese government has released draft legislation to encourage investment and construction in the build-to-rent sector.

The value of new loan commitments has recovered after back-to-back declines, the ABS has shown.

The NZ-based bank is set to become the first to acquire an Australian bank. Meanwhile, Heartland’s chief executive announces his resignation from the role.

The institute’s president has urged the government to restructure its build-to-rent scheme if it hopes to reach its 1.2 million new homes target.

The low rate of building approvals has been influenced by financial challenges facing the building industry, HIA’s senior economist has revealed.

Certain regional markets have shown substantial growth in home values four years on from the pandemic.

Tax refund scams have ballooned, according to the Albanese government, with a warning issued for consumers to be vigilant.

ABS data has shown another overall drop in building approvals during February.

A pilot program utilising generative AI to reduce the administrative burden on brokers has been launched by the Lendi Group.

Growth of total household wealth accelerated in the December 2023 quarter, the ABS has revealed.

The rising cost of housing in Australia is “one of the biggest policy issues we need to get right,” the Leader of the Opposition Peter Dutton has said.

The March minutes have shown the central bank did not deliberate on hiking or cutting the official cash rate.