Home buyers leave the market as lending plunges 11.6%
The value of new loan commitments for housing plunged 11.6% in May - the largest fall in the history of the data series.
July 09, 2020
Credit card use plunges amid COVID-19 economic uncertainty
Millennials are limiting their credit card spending more than any other generation since the COVID-19 pandemic, new research reveals.
July 08, 2020
COVID-19 impacted Australians could receive $3,000 towards rent and bills
Australians impacted by COVID-19 may be eligible to receive up to $3,000 to put towards their rent and bills.
July 07, 2020
How COVID-19 is changing Australian home ownership goals
Months of being stuck in isolation has made Australians crave more outdoor space and a dedicated home office, a new study reveals.
July 06, 2020
House price falls accelerate in Melbourne as state faces COVID lockdowns
National property prices have fallen for the second month in a row, led by Perth and Melbourne, as the state of Victoria faces a second wave of infections.
July 01, 2020
2.5 million Australians expected to access additional early super withdrawal
As many as 2.5 million Australians are expected to withdraw more of their retirement savings when the second round of the super early release scheme kicks off on Wednesday.
June 30, 2020
First Home Loan Deposit Scheme: High demand expected for round two
Buyers are being urged to get in quick for the second round of the First Home Loan Deposit Scheme, with banks expecting a rush of applications.
June 29, 2020
Young Australians could miss out on $32,000 in wages thanks to COVID-19
The COVID-19 recession could cost the average 21-year-old Australian up to $32,000 in lost wages over the next 10 years.
June 29, 2020
Household wealth tumbles 2.3% per person due to COVID crisis
Average household wealth plunged by 2.3% in the three months to March 2020 - the biggest decrease since the September 2011 quarter.
June 25, 2020
What is home loan serviceability and how is it calculated?
If you’ve been thinking about buying a home, you’ve probably come across the term ‘loan serviceability’.
June 25, 2020
