December 3, 2020
House prices rise as Australia gets on top of the coronavirus
House prices nationally in Australia rose for the second consecutive month in November.
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November 27, 2020
State Budget offers big stamp duty cuts for homes under $1 million
Treasurer Tim Pallas says stamp duty will be halved for new homes and cut by 25 per cent for existing homes as of now through to June 2021.
November 24, 2020
Former RBA governor behind fresh calls to allow first homebuyers to dip into their super
Former Reserve Bank governor Bernie Fraser is leading a new push to look at letting low-income earners and first homebuyers dip into their super to buy a home.
November 19, 2020
The Federal Government’s plans to axe responsible lending laws are set for a torrid time in the Senate
The Federal Government wants to axe new responsible lending laws amid the COVID economic downturn but it might have a tough time getting it through the Senate.
November 18, 2020
NSW plan to phase out stamp duty garnering widespread support
New South Wales has announced plans to phase out stamp duty and it’s getting support from both sides of politics, as well as the Reserve Bank governor.
November 13, 2020
Economic confidence on the rise as Australia moves out of recession
The Australian economy is showing good bounce as it starts to move out of its COVID-affected recession.
November 12, 2020
Federal Government considers expanding best interests duty for mortgage brokers
The federal government is looking at extending best interest duty to all credit assistance providers, not just mortgage brokers.
November 6, 2020
Small lenders quick to pass on RBA’s latest rate cut
Smaller lenders have been quick to immediately pass on the RBA’s interest rate cut to customers but the big four weren’t so trigger-happy.
November 4, 2020
Australia hits its lowest-ever official cash rate
The Reserve Bank has gone all-in on propping up the economy by cutting the official cash rate to 0.1 per cent – the lowest it has ever been in Australia.
October 28, 2020
Australia is already recovering out of recession according to the RBA
The Reserve Bank says Australia has already started to exit its recession and the lockdowns in Victoria haven’t affected the national economy as much as first feared.