Westpac & UBS flag further housing market weakness

Analysts from two of Australia’s biggest financial institutions have warned that tightening lending standards could continue to lower house prices and weigh down the economy.

First Home Super Saver Scheme could be phased out

Australians may soon lose the ability to save for a deposit on a first home through their super fund, should the Labor Party win the next federal election.

Number of vacant properties rises 40% in Sydney

Property investors in Sydney may face tough times ahead as the number of vacant properties jumped 40% over the past 12 months, according to SQM Research.

ASIC seeks input on responsible lending

In response to changes in technology and the release of Hayne’s final report of the royal commission, Australia’s corporate regulator has deemed it timely to review and update its guidance around responsible lending.