Interest-only loans become a ticking time bomb

Around 900,000 borrowers may have been keeping a time bomb waiting to explode as their interest-only loans shift to principal and interest in...

Vienna trumps Melbourne as the most liveable city

For the past seven years, Melbourne reigned supreme in the Economist Intelligence Unit's Global Liveability Index. This year, it lost its crown to...

How the housing downturn is drying government coffers

There was a time when New South Wales' booming property market delivered billions of dollars in revenue to the state government. Now, as the...

Interest-only borrowers are starting to switch

As the interest-only (IO) period comes close to ending, many borrowers have begun switching to principal and interest (P&I) loans. Business Insider Australia reported...

Australian home prices speed downward

Australian property prices have recorded the steepest fall since 2011, after seeing a 0.6% month-on-month negative growth in July. According to CoreLogic, the recent...

Homeownership dreams slowly fading for millennials

It is every Australian's dream to own their own home, but for some, particularly millennials, this may never become more than a distant...

More than 700,000 homes needed to meet social housing demand

In order to fulfil its promise to give everyone a roof over their heads, Australia would have to exert thrice the effort to...

Restricted lending can hurt economic conditions

Commenting on the recent Australian Bureau of Statistics (ABS) report that revealed lower home finance commitments, CoreLogic Head of Research Tim Lawless the...

What is a reverse mortgage?

A reverse mortgage is a type of home loan that is specifically designed for pensioners and retirees who are typically 'asset rich' but...

Sydney’s housing downturn shows no signs of abating

Sydney's housing market has already seen its prices decline in record increments, and it seems to show no signs of stopping. Citing the latest...
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