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Sydney houses

Housing market remains ‘severely unaffordable’

All of Australia’s five major housing markets have been classed as “severely unaffordable”, with its median house ...READ MORE
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Clearance rates drop across capitals

A rise in auction activity has coincided with a drop in clearance rates, according to the latest research from CoreLogic...READ MORE

House values plunged by 4.8% in 2018

The Australian housing market last year reached its weakest point since 2008, CoreLogic has said. READ MORE
Rising cost

Over 900,000 IO loans to expire from this month

More than 900,000 interest-only (IO) home loans approved in 2014-15 will expire from this month, reverting to principal ...READ MORE
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Mortgage restrictions loosened in NZ

New Zealand’s central bank is confident enough in the nation’s financial stability to pull back on lending restricti...READ MORE
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Consumer watchdog warns of holiday season scams

‘Tis the season of scams and there are three common ones to be especially wary of, warns Australia’s consumer watchd...READ MORE
Suburb

Borrowers favour location over dream home

Australians are prepared to miss out on their dream home if it means living in an ideal location, according to new resea...READ MORE
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Non-banks to merge and enter mortgage market

A new Australian fintech is set to enter the mortgage market in the new year once it completes its acquisition of a UK-b...READ MORE
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APRA flags commercial lending risks

The prudential regulator has identified risks in the commercial real estate lending space off the back of softening dema...READ MORE
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Queensland launches battery grant and loan scheme

The state government of Queensland announced that it would be offering grants and interest-free loans to encourage the t...READ MORE
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Bank gets on board with more digital wallets

A non-major bank has announced that its customers will be able to make payments using Garmin Pay. READ MORE
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Digital lender recruits Tesla engineer to board

An aspiring bank has announced appointing a senior engineer from Tesla to its board. READ MORE
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Consumer spending could help offset debt risks

While high household debt remains a risk to economic stability, consumer spending is also a “source of stability”, a...READ MORE
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Housing finance commitments drop to 2013 levels

Loans to owner-occupiers fell to the lowest level in September since 2013, according to ABS data. READ MORE
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Apartment prices could dip by 8% by 2019

Apartments in the east coast of Australia are expected to be up to 8 per cent cheaper by the end of 2019, according to t...READ MORE

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