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Investor incentives needed as rent prices hit new records

A new report has highlighted the urgency of improving investor incentives as rental prices reach record highs, pushing the ...

Investors will ‘turn away from Victoria’ due to expanded tax: REIV 

Controversial legislation that will provide a “financial incentive” to rent out empty homes has been announced by the new ...

Fixed-rate cliff ‘so far failed to materialise’: PEXA

Borrowers are avoiding the fabled “mortgage cliff” as refinancing activity remains strong, PEXA’s chief economist has said

Mortgage stress risk continues to rise: Roy Morgan

The number of mortgagors at risk of mortgage stress has once again climbed to a record high, new research has found.

New OO loans increase for the first time since May

The number of new owner-occupier mortgages written increased for the first time in three months in August, according to new ...

Home values expected to reach ‘new record’ in 2023

Home values have experienced a steady upward trajectory for eight consecutive months, nearly recouping previous losses.

Building approvals bounced back in August

After a weaker July result, the latest ABS data has revealed that dwelling approvals rose rapidly in August.

RBA flags 'significant uncertainties' in economic outlook

The Reserve Bank has made its cash rate decision for October, with the board flagging some major uncertainties in the future ...

Economists forecast a cash rate hold in October

Economists have predicted that the central bank will continue to hold interest rates steady at today’s October monetary ...

Start-up fintech launches deposit loan offering 

The fintech has released a deposit loan product that aims to help aspiring home buyers secure a mortgage without the full ...

BOQ reveals redundancy costs ahead of FY23 results 

The non-major bank has disclosed $79 million of costs impacting its financial reporting, including restructuring and ...

Chalmers denies allegations of ‘radical change’ at RBA

Jim Chalmers has denied allegations of “radical change” to the composition of the RBA board.

Mutual bank reports record loan book growth

The Tasmania-based lender has attributed its growth to the state’s “continuing demand in housing”.

Macquarie welcomes former big 4 CIO to board

The non-major bank has appointed a former CBA CIO as one of its three independent directors.

Weakest demand for credit since 2005: ABS

Credit demand has reached its lowest point in over a decade, the Australian Bureau of Statistics has confirmed.

Investor sales expected to rise by 2024

A property researcher has predicted an increase in investor and first-time home buyer purchases early next year, highlighting ...

Young Queenslanders still gunning for home ownership: RACQ Bank

Queensland’s younger home owner hopefuls are still chasing the dream of home ownership despite economic headwinds, new ...

Suncorp Group confident of bank sale by mid-2024

Suncorp Group anticipates that approvals regarding its bank sale to ANZ will be determined by early next year.

Declining vacant land sales deepen housing supply challenges

Vacant residential land sales have fallen across the eastern states in the financial year 2023, exacerbating the housing ...

N1H looks to expand funding after ‘profitable’ 2023

The lending group’s “overarching goal” is to strengthen and grow its balance sheet, according to its newly released annual ...

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