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41.4% of income needed to service mortgage, finds report

More than two-fifths of a borrower’s income was needed to service mortgages in March 2022, after rising for the third ...

Majority of South Australians worried about housing

A new survey has found the vast majority of South Australians know someone who is struggling in the housing market, with ...

Qld invests $741m to help rebuild flood-impacted homes

The state’s government has revealed the launch of its Resilient Homes Fund, devoted to rebuilding homes damaged from the ...

CBA grows home lending, but margins squeezed

Home and business lending carried the Commonwealth Bank’s third-quarter cash profits of $2.4 billion.

YBR digital mortgage app hits market

The broking franchise and aggregation group has now released an app to accompany the Y Home Loans website.

Consumers bracing for ‘steep’ rate rises: Westpac

More Australians are expecting mortgage rate increases to surpass 1 per cent over the next year, according to a new survey.

Newly built homes sales slowed in April: HIA

The sales of new detached dwellings slipped over April, and ran lower than a year earlier, when HomeBuilder was in full swing

Australians hesitant to share banking data with brokers

While Australians find open banking as increasingly valuable, the majority remain hesitant when trusting brokers with access ...

Time taken to save a deposit hits record 11.4 years

Housing affordability has worsened, with the median time required to save a 20 per cent deposit blowing out to 11

Non-banks to rise through rate hikes: Bridgit

A bridging loan specialist expects to see borrowers shopping around as the cash rate rises, with non-banks tipped to benefit

Former Allianz deputy GM joins PEXA board

The digital property settlement group has confirmed a new addition to its leadership, appointing Helen Silver AO as a ...

Australians tighten home-buying budgets

Spending on homes dropped in April, while Australians splashed on entertainment and travel, new data reveals.

New listings give buyers upper hand

While last year was a “seller’s market”, this year has seen the busiest first quarter for new listings in capital cities in ...

NT commits $68m to residential land development

The territory’s government has unveiled its latest budget, confirming further support in land developments and a record ...

Perth, Darwin values lift as capitals cool down

Homes across smaller capital cities have continued to rise in value, with Perth and Darwin reporting distinctive bumps in ...

Westpac mortgage book rises despite investor slip

Owner-occupiers carried Westpac's mortgage book growth over the six months to March, while the investor segment continued to ...

80% of borrowers have savings buffer, new survey finds

Eight in 10 borrowers have savings buffers and nearly two-thirds can meet a 0.5 per cent rise or more, according to a new ...

Businesses ‘must learn’ from landmark RI Advice court decision

A “new precedent” has been set following the Federal Court’s landmark decision on financial services’ cyber-security ...

Mortgage price wars to rage on through rate rises

The big four’s squeezed margins could benefit from a rising cash rate, but analysts have tipped it will be countered by ...

Macquarie grows mortgage book by a third

Macquarie grew its home loan book by 34 per cent in the past year, but its chief has retained a cautious outlook amid ongoing ...

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