news

  Discover some of the top news stories impacting the mortgages space in this wrap-up for the week ending 25 March. You can read the full stories here: Housing affordability inquiry says ...

There’s no discernible trend in loan defaults and arrears now, but it is coming, APRA has highlighted.

ANZ chair Paul O’Sullivan has pledged to fix the system issues that led to the bank’s stretched turnarounds, as its home loan book continues to dive.

New home sales slumped in November, as rising rates place a stranglehold on new construction, latest HIA data has revealed.

Closing branches in regional areas will have a ‘disruptive’ impact on SMEs and cause a ‘ripple effect’ on communities, the small business ombudsman has warned.

CBA has proffered a timely cash-rate increase analysis while reporting its 1Q23 resi lending up $5.1 billion.

While a “competitive backdrop” leached away at its profit margin, the group secured $2.1 billion in new home loans over the six months to December.

Encouraging regional areas of Queensland to “grow their own” workforces, the Queensland government’s latest initiative sees opportunities for investment in regional businesses.

Home owners are ringing in the festive period with a present they cant re-gift, after the RBA announced a rate hike for the month of December.

A recent Property Council of Australia release has claimed that due to a cocktail of influences, housing affordability across Australia will worsen.

A long-term low-interest rate environment didn’t adversely affect Australian banking profitability, the RBA has found.

A financial adviser has urged women in finance to outsource tasks at home so they can focus on their business.

Central bank digital currency (CBDC) roll-out has raised a range of views and concerns as major banks sign on to a pilot.

The regulator has granted a restricted ADI licence to a new bank for the Australian market.

As first home buyers tap into the expanded 5 per cent deposit scheme, the RBA governor noted that future house price increases will depend on supply and demand.