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18 Jul 2022
Fixed-rate ‘cliff’ to impact consumer spending
Following predictions of a 2023 borrower migration to variable rates, an AMP Capital analysis suggests this trend could erode...
18 Jul 2022
New residential construction continues to decline nationally: ABS
The number of total dwelling commencements has fallen for the third consecutive quarter, however dwellings currently under co...
18 Jul 2022
BNZ issued warning under anti-money laundering legislation
New Zealand’s central bank has issued a formal warning to Bank of New Zealand over its failure to correctly report the loc...
15 Jul 2022
Making news this week (ending 15 July)
Making news this week, Labor won’t budge on repealing responsible lending laws, flood support extended and expanded for NSW...
15 Jul 2022
Australian housing prices continue fall
Dwellings across the country are continuing to lose value, with SQM Research data reporting an average loss of 1.1 per cent n...
15 Jul 2022
‘Inadequate’: Coronis CEO challenges government’s housing schemes
The property business’ chief executive has raised questions over the federal government’s Home Guarantee Schemes and whet...
15 Jul 2022
BNK report settlement growth of 52%
The banking group has released its latest trading update, reporting “record volumes” over June and distinct growth during...
15 Jul 2022
New listings bump back over June: PropTrack
Fresh listings for the month have increased at their highest rate in over 10 years, according to new figures by the analytics...
14 Jul 2022
Cash rate to hit 2.35% by November: NAB
The major bank has revised its expectations for future hikes, speculating rates will be 25 bps higher at the tail end of 202...
14 Jul 2022
RBNZ hikes cash rate to 2.5%
New Zealand’s cash rate has risen for the sixth consecutive time, with the country’s central bank lifting the figure by 5...
13 Jul 2022
WA launches home loan pilot for apartment purchases
The Western Australian government has announced a new home loan pilot for two-or-more bedroom apartment purchases, in partner...
13 Jul 2022
BOQ pays $133,200 for CDR breach
The Bank of Queensland has paid a penalty of $133,200 for allegedly breaching the consumer data right rules by failing to ...
13 Jul 2022
Planning failures deepening the flood crisis: ABC reveals
As Australia is faced with another flood crisis questions are being raised about how future developments in floodplains are b...
13 Jul 2022
Link board ‘unable to recommend’ revised takeover bid
Despite an increased acquisition offer, the board of Link Group has said it is “unable to recommend” the deal be accepte...
13 Jul 2022
Home-buying ambitions continue to sink: CBA
The number of Australians wishing to purchase property has fallen according to new data, with rising interest rates pinned as...
12 Jul 2022
Labor ‘won’t be revisiting RLOs’: Assistant Treasurer
Labor was “gob-smacked” with proposals to repeal responsible lending obligations, with Stephen Jones MP saying the Albane...
12 Jul 2022
Government flood support expanded
While the threat of flooding begins to subside, the federal government has extended funding support to an additional eight re...
12 Jul 2022
Rates to boost by 50 bps, pause by September: Westpac
The bank’s chief economist has pitched its latest Reserve Bank prediction, predicting another half-percentage hike next mon...
12 Jul 2022
House development decline drives approval downfall
The number of approved residential dwellings fell nationally over May, continuing a trend observed over the preceding two mon...
12 Jul 2022
Clearance rates creep back up in July
Despite record-low clearance rates recorded in April, last week’s rates ticked up more than 3 per cent, latest CoreLogic da...

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