January 21, 2016
Mortgage brokers to face ASIC spotlight
The Australian Securities and Investment Commission is planning to review mortgage brokers on interest-only lending processes.
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January 21, 2016
Peer-to-peer lending looks destined to spread into residential mortgage market
A global peer-to-peer (P2P) lender says the practice will one day move into residential mortgages in Australia.
January 21, 2016
Melbourne locked and loaded for super Saturday
Melbourne is loading up for a super Saturday of auctions this weekend.
January 21, 2016
Melbourne’s property market stands up to super Saturday’s auction test
With a record number of properties up for auction on the weekend it was a real test of the strength of the Melbourne property market – and it came through okay.
January 21, 2016
Property prices fell in November across most capital cities
The price of property in most Australian capital cities has fallen over November, including Melbourne.
January 21, 2016
Nearly 20% of investor-owned property was lying idle in Melbourne last year – and it hurts the economy
Investor-owned homes across Melbourne are sitting empty, as knew figures from a Prosper Australia study show there’s more idle houses and apartments than first thought.
January 21, 2016
Sharp decline in investor lending betrays a cooling housing market
A dramatic decline in investor lending last month shows further signs of a cooling housing market.
January 21, 2016
The average Australian household carries nearly $250,000 in debt
The average Australian household now carries a record high debt of nearly $250,000.
January 21, 2016
New construction loan gives builders second chance at finance
Are you planning a construction development but can’t get finance? A non-bank lender has launched a new construction loan product that might be able to help you.
January 21, 2016
International education industry could help ease Melbourne’s apartment oversupply
Apartment supply in Melbourne has been overflowing in recent years but the growth in international students next year could ease the problem.