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CSLR releases credit intermediary levy costs

Estimates have been released for the first and second levy periods that will fund claims from eligible consumers who have ...

Assetline Capital confirms ‘record loan settlements’ for CY23

The non-bank lender has reported a surge in total loan settlements year on year.

Westpac supports 3,600 nurses and midwives into home ownership

The major bank’s LMI waiver scheme has allowed thousands of nurses and midwives to get onto the property ladder faster.

Homes sales up in February from low levels: HIA

New home sales rose during February but remain near low levels, the association has found.

Reserve Bank to hold interest rates steady

The major banks foresee no change in the cash rate during the RBA’s March meeting.

Budget to include additional cost-of-living measures

The upcoming budget will include additional cost-of-living measures to “take the pressure off inflation”, the federal ...

NT receives $4bn housing investment

Remote communities in the Northern Territory will see more housing come online as a result of a $4 billion investment from ...

Qld to become first to deliver Help to Buy

Queensland is on track to become the first state to implement the federal government’s shared equity scheme, Help to Buy.

National sales at highest level since 2022: CoreLogic

Australian sales volumes exceeded levels not seen since December 2022, CoreLogic has found.

Former ME Bank CEO appointed to non-bank board

MONEYME has appointed the former chief executive of ME Bank as a non-executive director to its board.

Arrears to rise as repayments outpace income growth: Moody’s

Residential mortgage delinquency rates are set to continue to increase in 2024, a report has flagged.

BNPL to come under credit licensing and RLOs

New legislation for the buy now, pay later industry has been released for consultation, bringing in licensing and responsible ...

Banks show over 30% decrease in scam losses

The federal government’s crackdown on scammers has shown a drop in scam-related losses for the financial service industry

PIPA elects 2 board members

The Property Investment Professionals of Australia (PIPA) has unveiled its new board, with two familiar names in the property ...

Total residential housing values near $10.4tn: ABS

Australia’s 11 million residential homes have continued to rise in value, the ABS has revealed.

Using super for housing could raise prices by $75k: SMC

First home buyers accessing their super to pay for a house deposit could cause a “huge price hike”, according to the Super ...

Growing number of Qld properties bought without mortgage

Nearly 30 per cent of residential purchases in Queensland were paid for in cash, according to new PEXA data.

Former RBA governor Lowe announces new role

Philip Lowe, former governor of the Reserve Bank of Australia (RBA), has made his first board move since departing the ...

Home buyer confidence up as prices climb: REA Group

Prospective home buyers remain steadfast in their pursuit of home ownership despite rising home prices, a survey has found.

Hardship applications have ‘risen materially’, finds CFR

While most households are meeting loan repayments, hardship applications have risen materially, according to the Council of ...

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