Home Loan News

ASIC accuses CBA of unconscionable conduct

The Australian Securities & Investments Commission (ASIC) has taken the Commonwealth Bank of Australia (CBA) to the Federal Court over allegations of unconscionable conduct and market manipulation.

Perth prepared for 2018

The Real Estate Institute of Western Australia (REIWA) is forecasting steady and moderate improvement to the Perth property market in 2018, though we shouldn’t expect rapid growth in either the established housing or rental markets over the coming year.

NSW is Australia's leading state economy, followed by Victoria

New South Wales is Australia’s best performing state economy, followed by Victoria and ACT, according to CommSec's latest State of the States report.

HomesVic launched to support Victorian first homebuyers

The Victorian government recently launched HomesVic – a new housing affordability scheme intended to assist struggling first home buyers to take their first step onto the property ladder.

Sydney residential vacancy rates rise, while regional areas drop

Interesting news for tenants, with residential vacancy rates holding steady in Sydney, but falling across the Hunter and Illawarra areas during the holiday period.

Rents rising nationally

Rents are rising across Australia, according to CoreLogic, with the majority of capital cities as well as regional markets recording year on year increases in rental rates, though rental yields are flat.

Melbourne price growth drives first home buyers to regional suburbs

Melbourne experienced its strongest property market in seven years in 2017, with this price growth driving many first homebuyers out of CBD-adjacent areas and into the surrounding suburbs and regional areas.

How much you have to earn to buy (and live comfortably) in Australia's capital cities

Whether you’re moving to Australia, or are dreaming of greener pastures in another state, you’ll need to calculate your cost of living before buying.

Home building in 2018 may prove stronger than expected

Vacancy rates fall in seven capital cities

Perth is still the best place in the country to be a tenant, even though vacancies have fallen significantly over the past year.

Watchdog reveals property rental scam

Scammers are trying to steal money from tenants by falsely offering access to properties that they actually don’t own.

History repeats? Warning signs of Australia's own GFC

Australia’s property market may be in a similar position to that of the United States prior to the 2008 Global Financial Crisis (GFC), according to one NSW economist.