Breaking

Pepper Money prices second public securitisation
12 April 2024

The non-bank lender has announced it has priced an ABS transaction in its second securitisation for the year.

Serviceability the ‘number one’ barrier for refinancers: MFAA
11 April 2024

Mortgage brokers have said serviceability issues are the primary hurdle for their clients looking to refinance, the MFAA’s new survey has found.

MFAA releases white paper recommendations for home loan discharges
11 April 2024

The association has released six recommendations to improve the home loan discharge process in its latest white paper report.

Millennials most active in property investment: CBA
11 April 2024

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

ACCC welcomes merger rule changes
10 April 2024

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.

Construction loans for new homes at 20-year low: HIA
10 April 2024

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

New legislation to introduce tax incentives for BTR developers
9 April 2024

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

New loan commitments rebound: ABS
9 April 2024

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

Heartland gains approval for Challenger Bank acquisition
9 April 2024

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.

Build-to-rent ‘insufficient’ in addressing housing supply: REIA
9 April 2024

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.

Financial hurdles impacting dwelling approvals: Economist
8 April 2024

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

PropTrack reveals the fastest growing markets post-COVID-19
8 April 2024

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

Government warns market about tax scams
8 April 2024

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

Dwelling approvals data shows ongoing signs of weakness
5 April 2024

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

Major brokerage begins trialling generative AI
4 April 2024

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