Breaking

Arrears to rise as repayments outpace income growth: Moody’s
14 March 2024

Residential mortgage delinquency rates are set to continue to increase in 2024, a report has flagged.

BNPL to come under credit licensing and RLOs
14 March 2024

New legislation for the buy now, pay later industry has been released for consultation, bringing in licensing and responsible lending obligations for the first time.

Banks show over 30% decrease in scam losses
14 March 2024

The federal government’s crackdown on scammers has shown a drop in scam-related losses for the financial service industry.

PIPA elects 2 board members
14 March 2024

The Property Investment Professionals of Australia (PIPA) has unveiled its new board, with two familiar names in the property industry joining its ranks.

Total residential housing values near $10.4tn: ABS
13 March 2024

Australia’s 11 million residential homes have continued to rise in value, the ABS has revealed.

Using super for housing could raise prices by $75k: SMC
13 March 2024

First home buyers accessing their super to pay for a house deposit could cause a “huge price hike”, according to the Super Members Council.

Growing number of Qld properties bought without mortgage
13 March 2024

Nearly 30 per cent of residential purchases in Queensland were paid for in cash, according to new PEXA data.

Former RBA governor Lowe announces new role
13 March 2024

Philip Lowe, former governor of the Reserve Bank of Australia (RBA), has made his first board move since departing the central bank.

Home buyer confidence up as prices climb: REA Group
12 March 2024

Prospective home buyers remain steadfast in their pursuit of home ownership despite rising home prices, a survey has found.

Hardship applications have ‘risen materially’, finds CFR
12 March 2024

While most households are meeting loan repayments, hardship applications have risen materially, according to the Council of Financial Regulators.

How did the pandemic change the property market?
12 March 2024

When it comes to housing, the onset of the COVID-19 pandemic changed everything.

Government to introduce ‘regulatory grid’
11 March 2024

The Albanese government will release a biannual ‘regulatory grid’ to help provide a clearer outline of financial regulation and support better compliance planning.

Housing affordability at ‘crisis point’: REIA
11 March 2024

Mortgagor housing affordability has reached a record low, REIA’s latest report has found.

People First Bank releases inaugural half-year results
11 March 2024

The mutual bank has released its first half-year results since beginning operations as a standalone organisation.

Government finalises FAR rules
11 March 2024

The federal government has announced it has finalised the rules in order to support the Financial Accountability Regime’s full operation.