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The Financial Services Council has appointed two chief executives to its board.

A recent poll reported that three-quarters of mortgage holders say their health and relationships have been impacted by rising home payments.

The majority of Australians believe that property is still a good investment despite current economic conditions, the aggregator’s survey has found.

The national research organisation has outlined certain measures the government can adopt to assist first home buyers in achieving home ownership.

The average price of residential dwellings rose for the quarter ended 30 June 2023, ABS has confirmed.

With rapidly rising interest rates having slowed spending and inflation, consumers could expect cuts by March next year, according to lender economists.

Growth in the major bank’s annual HSI has slowed due to rising rates and is expected to continue into the new year.

After undergoing revisions, the Housing Australia Future Fund has successfully gained approval in the Senate, welcomed by industry leaders.

While consumer sentiment among mortgage holders has increased, overall sentiment still sits at 30-year lows, Westpac has revealed.

An annual survey has shown a “staggering” number of investors across the nation selling one or more of their rental properties in the past 12 months, exacerbating the rental crisis.

The “day 1” pilot transactions across both PEXA and Sympli represent a “critical milestone”, according to the regulator.

The Minister for Housing has said there is a “major need” for housing investment, with institutional investors “largely absent”.

The federal government has introduced a bill that allows for the allocation of housing infrastructure funding in regional, rural, and remote Australia.

A new chairperson has been confirmed at the non-major banking group to succeed outgoing chair Jacqueline Hey.

The non-major bank has confirmed the upsizing of an RMBS following investor demand.