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The regulator’s chief executive is due to step down from his role as ASIC enters the “next phase of its transformation”.

The NSW government has said it may look to increase taxes on foreign investors in the same week it confirmed that property owners would be tapped to pay for the state’s emergency services

An increased number of SMEs have fallen into insolvency as growing land taxes have forced landlords to increase rent.

The Supreme Court of NSW has ruled on the application of payroll tax to certain brokers, setting a precedent that could reverberate throughout the industry.

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.