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SA’s rental reforms impact investor tenancy terminations

Recent reforms in South Australia’s residential tenancy laws will implement specific grounds for terminating or declining to renew a tenancy.

APRA holds 3% serviceability buffer

The prudential regulator has decided to maintain the mortgage serviceability buffer at 3 per cent.

Help to Buy package to be introduced this week

This week, legislation to create the federal government’s shared equity scheme for home ownership will be introduced to Parliament.

Investigations into alleged mortgage Ponzi scheme continue

Investigations are continuing into the alleged misappropriation of investment funds from a mortgage and loan business, with findings not expected until next year.

Australian economy ‘in a better position than most’, says Treasurer 

Despite facing challenges such as sticky inflation and lag effects of monetary policy, the Treasurer has declared Australia’s economic position as positive.

ASIC opens ABA code consultation

The regulator has opened consultation to the banking association’s proposed changes to its code.

NSW government to reform emergency services levy 

The state’s change would see home insurance become up to 15 per cent cheaper, helping those amid a cost-of-living crisis.

Tasmania announces 20-year housing strategy 

The Tasmanian government has unveiled its inaugural 20-year housing strategy, designed to tackle homelessness and expand home ownership opportunities across the state.

Banking industry holds ‘huge role’ in fighting scams 

The Assistant Treasurer has highlighted the vital role of banks in combating sophisticated scams impacting Australians.

Labor accepts Robodebt recommendations

The government has accepted all 56 recommendations presented by the royal commission into Robodebt.


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