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Victorian Homebuyer Fund to end next year
8 May 2024

The state government has earmarked an additional $700 million for its shared equity home buying scheme for its final year.

Law firm warns of soaring settlement scams
8 May 2024

Hackers are increasingly targeting home buyers to scam them out of their settlement funds, according to Slater and Gordon Lawyers.

‘We might have to raise, we might not’: Bullock
7 May 2024

The monetary policy board has made its decision for the official cash rate for the month.

A rate rise may not be imminent, but is it inevitable?
7 May 2024

While the general consensus is for the central bank to hold the cash rate at 4.35 per cent today, rate hikes may be “inevitable” to quell inflation.

Westpac housing loans up 5% YOY
7 May 2024

The group’s total mortgage portfolio has increased by over $50 billion, according to its latest financial results.

Home Guarantee Scheme reaches new milestone
7 May 2024

More than 150,000 Australians have achieved home ownership under the government scheme.

Housing market ‘far from healthy’: NHSAC
7 May 2024

The National Housing Supply and Affordability Council has assessed Australia’s housing market in its inaugural State of the Housing System 2024 report.

Should we be calling Macquarie a major bank now?
6 May 2024

OPINION Macquarie’s latest financial results show its mortgage book accounts for over 5 per cent of the bank market share, so should we be calling it a major bank?

Home loan values record strong yearly growth: ABS
6 May 2024

Rising house prices have accentuated the year-on-year increase in the value of new mortgages.

High-density approvals reach 12-year low
6 May 2024

While dwelling approvals have begun to rise from the doldrums, high-density approvals reached a 12-year low in March, according to new data.

Mortgage interest charges rose 7% in March quarter: ABS
3 May 2024

The November rate hike and expiring fixed-rate mortgages have impacted the living costs of employee households, the ABS has found.

P&N Bank withdraws from Home Guarantee Scheme
3 May 2024

The lender will soon cease offering loans for the government’s Home Guarantee Scheme due to “operational factors”.

Returns on NAB broker loans ‘below the cost of capital’
2 May 2024

The new CEO of the major bank has revealed that returns on broker loans are “below the cost of capital” due to “price premiums” in the channel.

Shadow treasurer slams Help to Buy, pushes super for housing
2 May 2024

Enabling Australians to access super for housing and “getting government out of the way” would help alleviate housing issues, according to shadow treasurer Angus Taylor.

BNK loan book holds steady in 3Q24
2 May 2024

The ASX-listed lender has released its trading update for the third quarter of the financial year 2024.