While the horses were stealing the show at Flemington yesterday for the Melbourne Cup, the Reserve Bank kept interest rates on hold at 1.5 per cent for another month.
News
Sydney joins Perth and Darwin as the three depressed housing markets
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03 November 2017
Melbourne property is outperforming Sydney, who has joined Perth and Darwin as the Australian capital cities to record a fall in house prices over the past three months.
First home buyers using new stamp duty concessions to get back into the market
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27 October 2017
The CoreLogic Property Pulse report has found that owner-occupier first home buyer finance commitments in August hit their highest level since 2009.
APRA says lending caps are here to stay
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24 October 2017
Lending caps aren’t going anytime soon after APRA said they would stay until household debt levels stabilise.
Non-bank lenders could lose their advantage over major lenders after APRA crackdowns
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20 October 2017
Some of the smaller lenders in the mortgage market say stricter lending controls from the Australian Prudential Regulation Authority are hurting their business and taking away the advantage they had over the majors.
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