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Court rules on ANZ’s alleged $2.5bn disclosure failure
16 October 2023

The Federal Court has handed down its judgment in an ASIC case that alleged ANZ breached its continuous disclosure obligations by failing to inform the market about $750 million given to ...

Credit advice ‘pretty much sorted’: Assistant Treasurer
13 October 2023

Mortgage advice is “pretty much sorted”, the Assistant Treasurer and Financial Services Minister Stephen Jones has said, flagging the “decent service” of brokers.

‘New era’ under Housing Australia commences: Julie Collins 
13 October 2023

The “new era for housing policy” has begun as the NHFIC officially becomes Housing Australia.

REIA observes greater collaboration at Qld’s housing conference
13 October 2023

As more than one thousand representatives converged for a three-day National Housing Conference in Brisbane, the property institute has highlighted improved collaboration across industries

Public housing, migration control needed to address affordability: NAB
13 October 2023

The major bank’s chief economist has provided his possible solutions to address the housing shortage and affordability issue.

BOQ Group anticipates ‘increasing risk’ in FY24
12 October 2023

The banking group has seen a dramatic drop in home lending growth, warning that the elevated cost of living, lagged impact and sustained higher interest rates are all causes for concern in ...

Repayments now ‘almost 10%’ of household income: RBA
12 October 2023

The central bank has flagged that mortgage repayments have escalated above the previous projections made in 2008.

CBA unveils new house value forecast for 2023
12 October 2023

The major bank has told its shareholders that home values are expected to continue lifting into next year.

Rate hikes may resume in November: Economists
11 October 2023

A watchful eye is being kept on incoming inflation data that may force the central bank’s hand in next month’s board meeting.

Consumer confidence climbs, but rate rise concern continues
11 October 2023

Despite more than 60 per cent of consumers expecting interest rates to rise, confidence is climbing, according to new data.

Calls for ‘land tax discount’ as vacancy rates drop
11 October 2023

As investors sell due to high costs, vacancy rates have fallen further, signalling a need for improved investor incentives.

Exchange ‘unaffected’ by third-party incident: PEXA
11 October 2023

An incident involving a device containing a business’s digital certificates has not affected the property exchange, according to PEXA.

1 in 3 first home buyers used guarantee schemes
10 October 2023

Nearly a third of all first home buyers have been supported by a government guarantee, according to new data.

Payments to rise by 60% for 14% of fixed-rate borrowers: RBA
10 October 2023

Ten per cent of borrowers who have rolled off fixed rates since May 2022 have seen repayments rise by more than 60 per cent, with another 14 per cent expected to join them.

Distressed property listings on the rise: SQM
10 October 2023

The number of distressed residential property listings rose nationally in September 2023, new research has found.