The worst is yet to come for Australia’s housing market, experts warn

For many economists, the Australian housing market should brace for what could be the longest and deepest downturn in Australia's modern history. In a...

Westpac to settle $35m fine for home loan breaches

Acknowledging that it inaccurately took into account customers’ living expenses during mortgage applications, Westpac Banking Corp. agreed to pay a $35m fine, as...

Will Australia’s housing market downturn persist?

As Australia continues to suffer price declines, one question remains: how long will the current market downturn last? Home prices in Australia have declined...

Value of outstanding home loans sees slight growth

A positive development on the housing sector was recorded last Friday as ANZ Bank’s housing credit impulse increased in July, according to Business...

Interest rate hike further dampens building approvals

There are many indicators that the housing market is already cooling, including weakening building approvals across Australia. Citing the latest figures from the Australian...

Investor housing credit shows signs of life

Despite all the negative news about the housing market over the recent months, there is now a reason to be optimistic: credit growth...

6 financial mistakes to avoid when renovating your property

There are perks that come with renovating your house into the home that you want, especially if it all in the name of...

Westpac is the first Big Four bank to raise rates

Westpac Banking Corp. risked public backlash as it hiked its key mortgage rate ahead of other major banks in the country, according to...

Spring lending trends borrowers and buyers should follow

Many reports over the recent months had anticipated that the market will undergo changes as spring approaches, but what does this exactly mean...

AMP names its new CEO

He will succeed Mike Wilkins who has been the bank's interim CEO since April this year Source link
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