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New mortgage strategy ‘key’ to YBR growth

The franchise has said that its “significant” mortgage initiative would provide it with “deeper ownership” of the value chain and increase the value of its loan book by 120 basis points, as ...

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Annual housing credit growth slowest since 2013

Housing credit growth is the slowest it’s been year-on-year since December 2013, with annual investor credit growth the slowest on record, new Reserve Bank data has revealed.

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Housing price growth ‘unlikely to be replicated’ soon

The rapid growth in dwelling values over the past decade is unlikely to be replicated in the near future given current housing market conditions, according to a property research analyst

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Sydney and Melbourne dominate 10-year price growth list

The two capitals have recorded the largest house and unit price growth over the past 10 years, new research has revealed.

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PEXA on high alert following second ‘incident’

The state government and bank-owned e-conveyancing group will introduce a new consumer guarantee after a series of fraudulent incidents prompted the company to confirm the legitimacy of ...

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ASX, InfoTrack to take on PEXA

A new joint venture between the Australian Securities Exchange and Australian Technology Innovators Pty Limited has revealed plans to enter the $200 million electronic property settlement ...

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Mortgage risks heightened by ‘unexpectedly low’ wage growth

Many households could be paying off their mortgage for longer than they expected as a result of continually subdued income growth, the Reserve Bank of Australia has warned.

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ANZ forms strategic partnership to boost innovation

The major bank has partnered with a cloud-based data-sharing platform to speed up innovation.

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Vacancy rates in Sydney lowest in 5 years; growth prospects slim

Sydney’s vacancy rates are at a five-year high, according to the latest REINSW data, with reports that the city is also facing the smallest house price growth in the country.

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Rental growth outpacing home price growth

According to a new CoreLogic report, rental rates are on the rise and surpassing the rate of housing price growth.

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