Home sizes smallest in two decades

The average floor size of a new Aussie home hit a 22-year low, reflecting changes in demographics, demand, and population across the country. Data...

Tight lending market dampens number of home starts

Housing Industry Association’s (HIA) State and National Outlook Reports showed that the unanticipated tight squeeze on credit for home buyers is causing further...

RBA now thinks stricter borrowing rules could hamper economy

The Reserve Bank of Australia (RBA) seemed to have changed its tone regarding stricter lending rules: it now admits that the current crackdown...

Borrowers still hold on to fixed-rate loans

Borrowers across the nation continue to prefer fixed-rate loans, according to a new report from Mortgage Choice. The company’s latest national home-loan approval data...

Labor’s negative gearing overhaul to prolong housing downturn

The proposed changes to housing policies, particularly to the negative gearing rules, could result in a major downer for the dwelling market, some...

Former CBA executive to be the CFO of a new digital bank

Goldfields Money recently announced the appointment of Jussi Nunes as the new group chief financial officer of the bank, following its merger with...

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...

Lower prices boost first-time buyers’ confidence in owning a home

Much has been said about Australia’s weakening home market, but the fact that first-home buyers are becoming optimistic about the former due to...

How Does the First Home Owner Grant Work?

The First Home Owner Grant is a government scheme introduced in 2000 to offset the effect of Goods and Services Tax on homeownership....

Delinquent mortgages to hit higher levels

Banks must brace for the possibility of higher mortgage arrears in the near future, as reported by Mortgage Business. In its 2018 Major Australian...
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