Data from the prudential regulator released today reveals the number of unaffordable home loans being taken out has increased by 42% from June 2019 to June 2020.
The Real Estate Institute of Victoria has advised members to refuse rent reductions in protest of the Victorian Government's latest inspection shutdowns.
Credit card debt fell by more than 3% in just one month, according to the latest Reserve Bank figures, and has fallen by more than 20% since March 2020.
Launched today, share brokerage platform Superhero has the backing of buy now, pay later industry heads, with $5 brokerage fees on trades of $100 or more.