Positive employment figures and the robust economy are providing the RBA assurance that the household debt that has been built in the country is not about to collapse.
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The NAB’s changes mean they will calculate the upfront commission a broker receives for a home loan based on the amount the drawn rather than the total approved and net of any offset facility.

The Commonwealth Bank has joined two other majors and lifted its home loan interest rate.

Corporate regulator the Australian Securities and Investment Commission and the Australian Banking Association have settled on a revised Code of banking Practice.

The Liberal leadership turmoil this week is making a Labor victory at the next election increasingly likely, so what would that mean for the property market?