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Despite rising home values, new home lending volumes dropped in December 2023, new ABS figures have shown.

A $400 million medium-term note transaction has been raised by a mutual lender, the largest deal of its kind by an Australian mutual.

The two customer-owned lenders are exploring a merger in a bid to benefit from economies of scale and create “Australia’s leading purpose-driven bank”.

Australia’s western state has led the charge in home value growth for yet another month.

Building approvals took another hit in December following two months of gains.

ELNOs need to be ready for full interoperability for key documents by 31 December 2025, according to a new mandate.

The major banks have recorded the first month of positive loan book growth across the board since July 2023.

The lower-than-expected CPI figures will likely convince the RBA to hold the cash rate in February, economists have said.

The ABS has revealed the smallest quarterly rise in the CPI since 2021.

Positive growth for mortgage demand has been recorded for the first time in two years, Equifax has found.

New research has revealed a further increase in mortgage stress in the three months to December 2023.

An additional 10,000 affordable homes could be built at no cost to taxpayers if government reduced a tax on build-to-rent properties, according to the Property Council of Australia.

Nearly three-quarters of real estate agents think rates will have the most significant influence on the housing market in 2024, according to a new survey.

Lenders have begun offering emergency assistance for those impacted by extreme weather events in North Queensland.

Queensland’s Leader of the Opposition has committed to raise the stamp duty concession threshold for first home buyers.