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Home Loan News

The latest home loans mortgage news and tips

Alex Ritchie

Personal Finance Editor

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.

Home Loans

14 Aug, 2017

1 min read

Ian Narev announces retirement as CBA CEO
Nick Bendel

Property & Personal Finance Writer

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.

Home Loans

14 Aug, 2017

3 min read

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

Property & Personal Finance Writer

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.

Home Loans

10 Aug, 2017

2 min read

Landlords laughing in Melbourne, crying in Perth
Nick Bendel

Property & Personal Finance Writer

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.

Home Loans

09 Aug, 2017

2 min read

Investors stare down rate hikes as borrowers move to fix
Nick Bendel

Property & Personal Finance Writer

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.

Home Loans

09 Aug, 2017

3 min read

Embattled CBA posts massive profit
Alex Ritchie

Personal Finance Editor

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.

Home Loans

09 Aug, 2017

2 min read

Dipping into super may make housing affordability worse
Alex Ritchie

Personal Finance Editor

Housing sales falling across Australia

Property prices may be scaring Aussies away, with data from CoreLogic showing only two capital cities seeing growth in property sales over the last 12 months.

Home Loans

08 Aug, 2017

2 min read

Housing sales falling across Australia
Mark Bristow

Personal Finance Editor

CBA responds to AUSTRAC allegations

The Commonwealth Bank of Australia (CBA) has slashed the bonuses of its CEO and executive leadership in response to the recent legal action from the Australian Transaction Reports and Analysis Centre (AUSTRAC).

Home Loans

08 Aug, 2017

2 min read

CBA responds to AUSTRAC allegations
Mark Bristow

Personal Finance Editor

Foreign investors pay four times as much NSW stamp duty

The impact of recent changes to stamp duty in New South Wales is being felt, with a recent study by the Housing industry Association (HIA) finding foreign investors to be paying almost four times as much stamp duty in NSW as local buyers.

Home Loans

04 Aug, 2017

2 min read

Foreign investors pay four times as much NSW stamp duty
Nick Bendel

Property & Personal Finance Writer

CBA faces legal action for money laundering breaches

Commonwealth Bank has been accused of more than 53,000 financial violations by Australia’s financial intelligence and regulatory agency.

Home Loans

04 Aug, 2017

3 min read

CBA faces legal action for money laundering breaches
Nick Bendel

Property & Personal Finance Writer

Canberra takes top spot in property rankings

Canberra has established itself as Australia’s fastest growing real estate market, based on new quarterly data.

Home Loans

02 Aug, 2017

2 min read

Canberra takes top spot in property rankings
Alex Ritchie

Personal Finance Editor

RBA cash rate holds at 1.5 per cent, unchanged for a year

The Reserve Bank of Australia (RBA) have left the cash rate at a record low of 1.5 per cent at the Board meeting for August.

Home Loans

01 Aug, 2017

2 min read

RBA cash rate holds at 1.5 per cent, unchanged for a year