The number of owner occupied loans fell by more than 20 per cent, as housing affordability worsens, the latest data has revealed. According to the latest Real Estate Institute of Australia (REIA) Housing Affordability Report, the proportion of income required to meet...
The Minister for Financial Services and Assistant Treasurer, Stephen Jones, has warned Australians of the potential risk of scams this holiday season. While the holidays are a time to relax and celebrate, Stephen Jones MP has urged the Australian public to be on alert...
The new year is when many of us hit the reset button. It’s a chance to reflect on the past 12 months, reassess priorities and set new goals. If you’re looking to create some better financial habits in 2023, here’s some techniques to help you can get in control of your...
The festive season is a time for giving. But unfortunately, it’s also the time of year when generous shoppers are targeted by scammers. According to the ACCC’s Scamwatch, scams have cost Australians nearly half a billion dollars so far this year – already $150 million...
Amid continued tight economic times, loans for owner-occupied housing increased $7.6 billion (0.6 per cent) in October, monthly APRA ADI data has revealed. Housing loan growth is ‘converging’ to “more a stable level” in the face of rising interest rates, the...
