Spike in dwelling approvals splits opinion
Charbel Kadib
Dwelling approvals bounced in February, according to the latest ABS statistics, splitting opinion among analysts regarding the longer-term trajectory of dwelling approvals.
News
Latest News
Mutual bank trials digital mortgage platform
A customer-owned bank has been trialling the delivery of an entirely digital mortgage process in partnership with a law firm.
APRA gears up for new data reporting era
The prudential regulator has provided an update on how it will carry out the implementation of a new data reporting system.
GDP growth projections to fall short, says NAB economist
GDP growth expectations are “optimistic” amid continued weakness in the housing market and lower than expected wage growth, according to a NAB economist.
Coalition urged to do more on housing
The government has committed $1.7 billion to support affordable housing in the states but is being urged to do more to improve homelessness ...
Dwelling investment to detract from growth, says government
The budget 2019-20 may show that the Coalition government thinks the domestic economy is faring well, but it has noted that the housing market is affecting the outlook.
Small businesses welcome instant asset write-off
Following the release of the budget 2019-20, the small business community has welcomed the government’s move to increase the instant asset...
HSBC outpacing peers on mortgage growth
HSBC’s owner-occupied home loan portfolio growth has outpaced other non-major banks, as well as the big four, according to APRA’s latest data.
Former CBA boss joins SEEK
Former CBA chief executive Ian Narev is joining SEEK at the end of the month in a newly created dual role.
Government unveils budget for 2019-20
The federal government has handed down its 2019-20 budget, which includes a range of new programs and policies.
