Home Loan News

Perth leasing figures starting to increase

REIWA, Western Australia’s real estate institution, have released June leasing activity figures showing that while activity is more subdued than the March quarter, levels have risen six per cent since June 2016.

Is this the end of affordable property?

As million dollar listings increase, there has been a significant reduction in the proportion of sales occurring below $400,000 across Australia.

Regulator gets new powers to fight future bank crisis

The federal government has unveiled new legislation that is designed to protect the financial system in the event of a bank collapse.

Vacancy rates fall to just 0.5% in Hobart

Hobart is the ultimate landlord’s market, while Perth is the best capital city to be a tenant, new research has revealed.

Teachers Mutual cuts rates by up to 31 basis points

Almost half of Sydney houses sold for $1 million or more

Good news for those looking to sell property, with million-dollar house sales at record highs (and not just in Sydney and Melbourne).

Ian Narev announces retirement as CBA CEO

Commonwealth Bank of Australia (CBA) have released a statement announcing the retirement of CEO Ian Narev at the end of the 2018 financial year.

Property spruiker's courses ruled an expensive waste of time'

Australia’s consumer watchdog has scored a legal victory against a property spruiker who made false claims about real estate investment.

Landlords laughing in Melbourne, crying in Perth

Weekly rents have increased in six of Australia’s eight capital cities over the past year – in some cases, by double-digit amounts.

Investors stare down rate hikes as borrowers move to fix

APRA’s intervention into Australia’s heated property market isn’t biting as much as the regulator might like, according to the ABS housing finance data released today.

Embattled CBA posts massive profit

Commonwealth Bank has unveiled a bumper profit of almost $10 billion, while also revealing steps it had taken to combat money laundering.

Dipping into super may make housing affordability worse

Industry Super Australia believe that the FHSS will likely drive up housing demand, leaving first home buyers with increased household debt or locked out of the market.