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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 ...

Delinquency rates to rise over 2022: Moody’s

Mortgage arrears will increase “moderately” across the country over the calendar year, according to new findings from the ...

Households prepared for soaring rates, inflation: RBA

The Reserve Bank has turned its focus to combating inflation, but it believes consumers will be protected by cash buffers ...

Tasmania switches up shared equity housing scheme

The state government has partnered with a new lender for the home ownership scheme, as it prepares for a rebrand and higher ...

NAB prepares for wandering customers

The big four bank’s chief has said the group is bracing for a rise in refinances, as home loan rates have begun to climb.

Home construction approvals dive by 18.5%

A drop in apartment, unit and town house projects dragged the number of dwellings approved to build by 18.5 per cent over ...

AMP Bank loan book grows to $22.6bn

The non-major bank has reported, albeit marginal, growth in loans over the first quarter of the calendar year.

ANZ confident its borrowers can afford rate rises

The majority of ANZ borrowers will be able to manage a rising interest rate environment, the chief executive of the major ...

First home buyers ‘active’ during March

New housing loan commitments went up in the first quarter of 2022, driven by investor lending.

Deposit Power appoints head of sales and business development

The bond provider has promoted Niraj Singh to lead the group’s business development team.

All 4 major banks pass on rate rise to borrowers

Borrowers at the big four banks will see variable rates rise by 25 basis points, as the majors pass on the RBA’s full rate ...

BNK reports near-record loan settlements

The ASX-listed non-major bank revealed the “second highest” number of residential loan applications since its offering, in ...

Victoria confirms $40m housing injection

The state’s government has promised almost $40 million in reforms and projects in its latest budget to improve housing ...

‘Now was the right time’: RBA raises cash rate

Reserve Bank governor Philip Lowe has flagged more cash rate lifts are on the way, after the first in more than 10 years took ...

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