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Lending constraints for older Australians criticised: AHURI

The housing research institute has warned almost 450,000 won’t have suitable housing in the next eight years, without ...

CBA to refer financial abuse to NSW Police

The NSW trial will enable the major bank to report repeated financial abuse in transaction data to the police, according to ...

Capital city auction activity drops 11.7%

Auction activity in the nation’s capitals has dropped this week following recent upward trends.

Fake landlords scammed $86k from WA renters in 2023

As Western Australian renters grapple with the accommodation shortage and cost-of-living crisis, a regulator warned online ...

‘Historical high’ for mortgage repayments projected: RBA

The Reserve Bank has lifted its projection for the amount of disposable income that will need to be dedicated to scheduled ...

Merged Bendigo-Suncorp bank could be a ‘more effective competitor’: ACCC

The ACCC has suggested that a merger between Bendigo and Adelaide Bank and Suncorp Bank could actually benefit competition, ...

PEXA Refinance Index hits record high

Loan refinancing volumes reached new highs by the end of July, PEXA’s Refinance Index has indicated.

ANZ-Suncorp merger denied

ACCC has denied authorisation for ANZ to acquire Suncorp Bank.

Development of trust key to open banking

Wider use and acceptance of open banking and the CDR will be key to improving borrowers’ experience, lender heads have ...

Property prices expected to jump 2–5% in 2023: PropTrack

National residential property prices are projected to lift further by the end of the year, according to PropTrack’s Market ...

Banks allowed to collaborate on standards: ACCC

ABA members have been granted permission to co-ordinate on developing an industry standard to prevent and detect scams.

NAB welcomes new leadership team member

The major bank has announced the appointment of Sarah White as its new group executive, people and culture.

Majors tweak rate forecasts

The big four banks have adjusted their cash rate forecasts on the heels of interest rates being held steady in August.

Record living costs linked to mortgage rates: ABS

The ABS has reported a significant increase in living costs for Australians, driven primarily by a sharp increase in mortgage ...

Qld to construct 900,000 new homes by 2046

Approximately 2.2 million new residents could be accommodated in the Sunshine State under draft plans for 900,000 new ...

Housing bill reintroduced as threat of double dissolution grows

The Housing Australia Future Fund Bill has been reintroduced into Parliament by the housing minister, with the threat of a ...

$20bn in home loans refinanced in June: ABS

While refinance activity dropped in June more than $20 billion in home loans were switched.

Building approvals continue downward trajectory: ABS

Dwelling approvals declined 7.7 per cent in June after a strong May result, the latest ABS data has revealed.

Borrowers driven to ‘desperate measures’ to meet repayments: Survey

Home owners are being pushed to extremes due to mortgage stress, a new survey has revealed.

Cash rate remains at 4.1% in August

The central bank has decided to hold the cash rate for the second month in a row.

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