Almost half of prospective home buyers are unfamiliar with key mortgage terminology, according to new Westpac research.
Small businesses would be “unjustifiably disadvantaged” if limited recourse borrowing arrangements were to be abolished, the CEO of a commercial property lender has warned.
This year’s Easter auction volumes were the lowest since 2012, with Sydney and Melbourne reporting the sharpest falls, according to the latest figures from CoreLogic.
The Tax Office has warned that it will be scrutinising claims by property investors in the upcoming tax season.
A big four bank has cut its mortgage rates by up to 36 basis points, becoming the third major lender to reprice its home loan products over the past two weeks.
The major bank has revealed that its earnings are to be hit by an additional $522 million in customer-remediation costs.
Young adults in Australia are saving more than the rest of the population, but anxiety about their current financial situation may be weaken...