Home Loan News

Dwelling approvals across Australia increase in July

Data released yesterday by the Australian Bureau of Statistics (ABS) shows that the number of dwellings approved rose 0.7 per cent in July 2017.

Property sales trending downwards

HIA have found that home sales volumes fell 3.7 per cent during July 2017 compared to June 2017.

Banks shut the door on new interest-only borrowing

More home buyers are being forced to pay down their debt according to the latest APRA figures, which shows a marked drop in interest-only terms for new housing loans.

CBA's bad month gets even worse

Australia’s banking regulator will establish an independent prudential inquiry into the Commonwealth Bank.

Shareholders take CBA to court over share price drop

Maurice Blackburn Lawyers have partnered with IMF Bentham, on behalf of Commonwealth Bank's (CBA) near 800,000 shareholders against CBA.

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.