Rebounding house prices surge to record highs

House and unit values are growing once more after recovering from a sharp drop brought about by the coronavirus pandemic.

RBA: Shoppers shouldn’t pay Afterpay surcharge, but perhaps someday soon

Rules banning retailers from slapping surcharges on the products bought over buy now pay later platforms are unlikely to be scrapped, the RBA has said -- that is, until the technology matures.

ACCC: Switching home loans should be a lot easier, borrowers stand to save thousands

The process of switching home loans could be sped up and standardised across the industry, under four recommendations made to the federal government by the ACCC.

Australians saving about a fifth of income as country bounces back from recession

The country bounced back from a quarterly loss comparable to The Great Depression, but Australians are still being cautious and saving nearly 20 per cent of their income.

Housing boom forecast next year, but Jobkeeper will be ‘essential’

Home values are forecasted to bounce back next year posting strong gains across the country, according to a research firm, bucking a period of falling prices and circumventing the pitfalls of a pandemic.

Recovering home values could reach record prices early next year

Falling property prices are on their way to recovering after every city and country town posted gains in November, a first in seven months since the pandemic.

Homebuilder subsidy extended, but payment whittled down

Thousands of homes could have their construction subsidised after the government extended to its $680 million Homebuilder program-- only, the grants paid will be smaller.

A third of Australians are expected to spend this Black Friday weekend

Millions of Australians are readying to spend big during the ‘Black Friday’ weekend, even though they’ve spent recent months stockpiling savings and paying down credit card debt.

Stamp duty will be discounted in Victoria, one of many measures announced

Stamp duty will be discounted for people purchasing a property in Victoria for a limited time, the government has announced, among a suite of measures intended to get people spending, buying and building.

Twice as many Aussies want to buy their first home

Deflated prices, cheap mortgages and government subsidies are motivating twice as many people to buy their first property, according to a big bank’s research.