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Big salaries but no scale: Why Citi is leaving Australia

For the US-based chiefs of Citigroup, shuttering the underachieving Australia consumer business could not have come soon enough, says James Mitchell.

Big salaries but no scale: Why Citi is leaving Australia
Government urged to expand HomeBuilder to social housing

The federal government has “a golden opportunity” to help ease homelessness by extending HomeBuilder to social and affordable housing, according to Everybody’s Home.

Government urged to expand HomeBuilder to social housing
HomeBuilder applications now closed

Applications for HomeBuilder have now closed, with applicants being given until 30 April 2023 to submit all supporting documentation.

HomeBuilder applications now closed
House commencements at 20-year high: ABS

The total number of dwelling units commenced spiked in the December quarter, driven by a 20-year high in detached house starts, according to data.

House commencements at 20-year high: ABS
Property price expectations highest since 2013

Consumer expectations of further house price growth have surged to their highest level since 2013, while buyer appetite for purchasing a dwelling has dipped, according to data.

Property price expectations highest since 2013
Government ‘pleased’ with robust housing market

The federal government said it is pleased that higher confidence levels have led to a strong housing market but said that it is “keeping a close eye” on the market.

Government ‘pleased’ with robust housing market
Auctions rise despite Easter public holiday

More than 2,000 homes were taken to auction last week, despite last Monday being a public holiday, CoreLogic data shows.

Auctions rise despite Easter public holiday
LATEST PODCAST: Tackling the home deposit challenge

The Mortgage Business Uncut podcast is your weekly analysis of the biggest themes shaping the Australian mortgages market.

LATEST PODCAST: Tackling the home deposit challenge
FHB activity to decline as house prices escalate: Archistar

First home buyer loans hit its second highest level in over a decade in February, but levels are expecting to drop as house prices continue to rise, according to a proptech.

FHB activity to decline as house prices escalate: Archistar
Social housing group extends funding

A not-for-profit organisation has announced a new grant funding round for social and affordable housing projects in the Northern Territory and Queensland for the first time.

Social housing group extends funding
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