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Interest rate levels more of a worry for buyers than sellers

Concerns over interest rate hikes are placing pressure on plenty of Aussies. However, new research has revealed that buyers ...

Victorian property tax to affect investment decisions

SMSF trustees that invest in qualifying use property in Victoria from 1 July 2024 will need to be aware of how the new ...

New mortgage values up almost 25% YOY

The ABS has revealed a surge in the value of new borrower-accepted loan commitments year on year.

RBA ‘won’t hesitate’ to hike if inflation remains sticky

The central bank is prepared to increase interest rates should inflation remain persistent, the RBA governor has said.

Foreign buyer housing market share drops

The share of foreign buyers in Australia’s housing market has fallen from previous heights.

Retirees consider passing home equity to children: AMP

Retirees are finding it difficult to balance their desire to financially support their children and their retirement ...

SA removes stamp duty threshold for FHBs

To encourage first home buyers to build new homes, the South Australian government has removed the stamp duty exemption ...

GDP at slowest growth rate since COVID-19

Australia’s economic growth continues to slow, with the lowest through the year growth in almost four years, the ABS has ...

Beyond Bank and P&N consider merging

A memorandum of understanding has been signed between the two mutual lenders to investigate the potential of a merger.

Government introduces BNPL consumer protections

The federal government has announced new consumer protection legislation for buy now, pay later products.

Owner-occupiers dominate established housing markets

Owner-occupier market share remained heightened during the March quarter, a major bank’s report has found.

GDP expected to slump: Economists

‘Subpar’ growth has been called by bank economists ahead of the release of the next GDP print.

Non-major aligns with ‘world-first initiative’ to combat financial abuse

The banking group has joined national organisations in a pledge to tackle financial abuse.

Surge in loan approvals driven by FHBs

New loan approvals are up almost 10 per cent since autumn 2023, signalling a revival of young buyer confidence.

Housing supply likely to worsen before it improves: Economist

The housing shortfall has become the main driver for increased house prices and is unlikely to improve quickly, according to ...

RBA likely to be ‘comforted’ by FWC wage decision

The Fair Work Commission’s decision to raise the award wage is expected to be within the central bank’s forecasts.

City dwellers move to the regions in droves: CBA

A record number of city-siders have moved to regional Australia, the major bank has revealed.

‘Concerning’ number of Australians not seeking financial support: ASIC

New research has found that Australians are opting for other methods to meet debt repayments instead of reaching out for ...

Nearly 4 in 5 Australians are making cuts to pay mortgages

A recent report released by an aggregator has found that the majority of Aussies surveyed are cutting back costs to pay their ...

Differing growth rates explained by low supply: CoreLogic

A mixed reading among the capitals has been attributed to ‘extremely low levels’ of supply, CoreLogic has found.

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