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New research has found mortgage holders have curbed their spending in May from the previous month.

Despite predictions expecting the contrary, median house prices across many parts of the country are still rising.

The lender has named its new CEO set to enter the role in late July.

Although growth has weakened, residential mortgage growth continues to perform above pre-pandemic levels, APRA has revealed.

Tasmania is the latest state to make changes to its stamp duty concessions for first home buyers.

Research from a major bank has suggested these states will see new peaks in house prices over the next year.

Continuing the bank’s digital transformation, AMP Bank has partnered with MSA National.

Queensland has become the first state to pass the federal government’s share equity scheme legislation.

The major bank has cited “several factors” contributing to the change of its cash rate call.

The Queensland government has announced reduced costs for first home owners through lifting the concession on the transfer duty threshold.

The total dwelling value growth in Australia slowed in the March quarter according to the Australian Bureau of Statistics.

The number of mortgage holders failing to meet repayments has continued a steady climb, the CFR has found.

With house price growth varying between states, the major bank has unpacked its house price forecast for the rest of the year.

The proportion of income needed to meet repayments has dropped for the first time since the beginning of 2021, REIA has said.

The building association has called for action from the government with the construction industry currently the weakest link in the economy.