ASIC to receive real-time home loan data

In a bid to crack down on excessive and risky home loans being sold, ASIC is seeking to implement a new system of real-time mortgage data collection.

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.