Renting vs buying: How much do Australians spend on housing?
There’s no way to skirt around it – housing affordability in Australia has been declining for decades, with both homeowners and renters facing greater housing stress.
ME reveals the top 20 suburbs for Australian property investors
After retreating during the early stages of the pandemic, it appears that investor interest in the property market has come roaring back. At least, that’s the picture painted by the latest home loan data from the Australian Bureau of Statistics (ABS).
Homeowners are leaving money on the table thanks to mortgage ‘loyalty tax’: Finspo
Australian homeowners are continuing to pay a high price for their loyalty, with the latest figures from the Reserve Bank revealing that interest rates on existing home loans are currently 39 basis points higher, on average, than they are on new loans.
Home buyers are moving to improve their WFH lifestyle, says NAB
According to a recent survey of 2,000 Australians done by NAB, 42% of recent home buyers moved to improve their new working from home lifestyles.
Tips on how to buy property with your sibling
Buying property in Australia has become a growing obstacle for many first time home buyers. That’s why so many Aussies now consider buying with a family member, CommBank research shows.
ANZ joins fellow major banks in cutting variable home loan rates
ANZ has become the latest big four bank to reduce a variable mortgage rate in recent weeks, announcing a 23 basis point cut to one of its basic home loans this morning.
As new mortgage rules kick in, will home prices drop?
The Australian Prudential Regulation Authority (APRA) has announced that future property buyers will have to prove that they can repay their mortgage if rates rise by 3%.
Capital gains tax under review: NSW tackles housing affordability
The New South Wales government wants to help make housing more affordable for first time homebuyers by reviewing its capital gains tax discount.
How inflation could impact your home loan
The September quarter figures for the Consumer Price Index (CPI) have been announced this week, with more increases to common household costs.
Gateway Bank cuts regular and green home loan rates
Gateway Bank announced new rate cuts to some of their variable interest rate home loans.