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RBA considered 40-bp cash rate raise

The Reserve Bank has revealed that it weighed up three different options for the size of the first cash rate rise in almost ...

CBA launches direct-only digital mortgage

The major bank has launched its digital home loan division, Unloan, which is a product that has a progressive interest rate ...

Former Westpac, ANZ CEOs launch non-bank lender

Two ex-big four executives have teamed up to launch a new non-bank lender, targeting older Australians who want to help their ...

WA commits to stamp duty rebate expansion

The state’s latest budget will build on previous rebates for off-the-plan apartments as part of a drive to improve housing ...

NSW Parliament approves e-conveyancing reforms

The focus to introduce interoperability across Australia has taken its first steps, with NSW confirming the amendments to its ...

Bluestone successfully prices $1bn RMBS transaction

The non-bank lender has priced its first Australian RMBS transaction for the year, said to be the largest-ever capital ...

PM promises early super for housing

The Liberal Party has pledged to allow first home buyers to use their superannuation savings for housing deposits, but the ...

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 ...

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