Home Loan News

100,000 households could default on their home loans when Jobkeeper ends

New research shows mortgage stress has soared due to the COVID-19-induced recession.

By Alex Brewster ● June 04, 2020

ME to front economics committee today over redraw debacle

The House of Representatives Standing Committee on Economics will hear from ME Bank via videoconference today, as a part of an ongoing review into major banks and financial institutions.

By William Jolly ● June 03, 2020

RBA holds cash rate at 0.25% for June

Australia's central bank has held the cash rate at 0.25% for June in its board meeting today.

By Alex Brewster ● June 02, 2020

7 in 10 Australians think we'll be in a recession in the next 12 months

Seven in 10 Australians expect the country will enter a recession in the next 12 months, according to Switzer Financial Group.

By Emma Duffy ● June 02, 2020

Will the RBA change the cash rate in June?

After holding the cash rate steady for two consecutive months, the central bank meets today to discuss the possibility of a change in June.

By Alex Brewster ● June 02, 2020

CommBank allows interest-only home loan switches without credit check

Australia's biggest bank has offered another lifeline to customers experiencing financial hardship due to COVID-19.

By Alex Brewster ● June 01, 2020

Macquarie introduces 'lowest ever' fixed home loan rates

After cutting home loan rates two weeks ago, yesterday Macquarie cut again, primarily to its fixed investment home loans with 70% loan-to-value ratios.

By Harrison Astbury ● May 29, 2020

RBA: Economic downturn not as severe as previously thought

Australia's central bank has given an optimistic, if not cautious outlook on the economy.

By Alex Brewster ● May 28, 2020

Property investors confident despite wider downturn concern

A survey in May found 72% of property investors were confident about the market's short-term prospects.

By Harrison Astbury ● May 28, 2020

Australia's 8 capital city property markets ranked

Research shows Canberra might be the hottest capital city to buy in over the next 12 months, as the property market enters a post-COVID era.

By William Jolly ● May 28, 2020

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