Breaking

‘We’re uncertain, we don’t know’, Bullock on rates outlook
20 March 2024

The RBA can neither “rule in or out” any interest rate changes going forward, Michele Bullock has said.

Australian mortgage rates increase faster than international peers
20 March 2024

Outstanding mortgage rates have increased faster than their global counterparts despite having one of the lower cash rate increases.

Timeline for inflation target ‘remains uncertain’ as RBA holds
19 March 2024

The RBA still carries doubts about when the target band for inflation will be reached.

CSLR releases credit intermediary levy costs
19 March 2024

Estimates have been released for the first and second levy periods that will fund claims from eligible consumers who have been the victims of financial misconduct.

Assetline Capital confirms ‘record loan settlements’ for CY23
19 March 2024

The non-bank lender has reported a surge in total loan settlements year on year.

Westpac supports 3,600 nurses and midwives into home ownership
19 March 2024

The major bank’s LMI waiver scheme has allowed thousands of nurses and midwives to get onto the property ladder faster.

Homes sales up in February from low levels: HIA
19 March 2024

New home sales rose during February but remain near low levels, the association has found.

Reserve Bank to hold interest rates steady
18 March 2024

The major banks foresee no change in the cash rate during the RBA’s March meeting.

Budget to include additional cost-of-living measures
18 March 2024

The upcoming budget will include additional cost-of-living measures to “take the pressure off inflation”, the federal Treasurer has confirmed.

NT receives $4bn housing investment
18 March 2024

Remote communities in the Northern Territory will see more housing come online as a result of a $4 billion investment from the federal and NT governments.

Qld to become first to deliver Help to Buy
15 March 2024

Queensland is on track to become the first state to implement the federal government’s shared equity scheme, Help to Buy.

National sales at highest level since 2022: CoreLogic
15 March 2024

Australian sales volumes exceeded levels not seen since December 2022, CoreLogic has found.

Former ME Bank CEO appointed to non-bank board
15 March 2024

MONEYME has appointed the former chief executive of ME Bank as a non-executive director to its board.

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.