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More homes may be built in Canterbury-Bankstown, Lake Macquarie, and the Central Coast after six more stations were volunteered for residential development.

The change in the debt service ratio has been ‘extraordinary’, according to the major bank.

The national average mortgage size rose during the third quarter of the financial year, the aggregator has found.

The non-bank has increased its loan-to-value ratio bands for Prime Alt Doc loans to make them “more accessible to self-employed borrowers”.

Borrowers refinancing have allowed the major banks to maintain their market share dominance, the aggregator has revealed.

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

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

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

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

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.

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

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

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

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.

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.