Warning over BIG Home Loans
The banking regulator is still concerned about the size of the mortgages being taken on by consumers despite the effectiveness of its efforts to curtail...
Households at Risk from Excessive Lending
The perception that they are 'too big to fail' has encouraged Australia's big four banks to take risks that would exacerbate a housing downturn.
Deposit Key to Home Ownership: RBA Study
First-home buyers who manage to save for a steep deposit despite higher house prices are in a better financial position to pay off their loan, a...
Property Worries Spark Lender Ratings Cuts
Standard & Poor's is lowering the credit ratings of 23 Australian financial institutions including AMP, Bank of Queensland and Bendigo and Adelaide Bank due to what...
Housing Affordability: A Key Policy Focus for 2017?
Housing affordability has again become a policy issue of national focus and debate.
Australian Banking Regulator Sounds ‘Alarm’ on Mortgage Risks
The banking regulator has expressed concern over the heavy exposure of Australia's financial sector to the housing market and warned it may take further steps to...
Lenders Expect House Price Slow
Regulatory pressure on mortgage lending and soaring house prices in Sydney and Melbourne are likely to dampen property transaction volumes in 2017.
Mortgage Stress Mounts Nationally
Western Australia is driving a nationwide rise in Aussies falling behind on home loan repayments.
RBA Warns of Rising Housing Risk
The Reserve Bank of Australia says there is reason to believe commodity prices could rise higher than expected but is concerned about increasing risks in the...
Housing Shouldn't Hit Bank Stability: RBA
A senior Reserve Bank official has downplayed the chances of a slowdown in Australia's once-booming housing market undermining the stability of the country's banks, saying the...
Housing 'Credit Crunch' Hightens Risk
Rising global interest rates and tighter bank lending risk triggering a "mini-credit crunch" that could send Australia's house prices, a new report warns.
Home Loan Approvals Slip 1.4% in April
Home loan approvals fell in April, and while the drop was not as great as economists had forecast there are expectations the housing market has...
Mortgage Choice Hit by Franchisee Unrest
Mortgage Choice shares have tumbled more than 20 per cent after the home loan broker became the latest firm to face accusations of mistreating franchisees.
Average Australian Mortgage Passes $500k
The average Aussie mortgage has cracked half-a-million dollars for the first time.
Residential Defaults Rise for Mirvac
Property developer Mirvac expects a strong year despite ongoing settlement delays from foreign buyers and the rate of defaults edging higher.
Citigroup to Pay $US7bn Over Mortgages
Citigroup will pay $US7 billion ($A7.5 billion) to settle allegations that it misled investors in its sale of mortgage-linked securities ahead of the financial crisis.