Buyers and sellers deserted the national property market in April hoping to wait out the impacts of coronavirus, with new figures showing a slowdown in house prices.
Commonwealth Bank has passed a lending milestone, with 1,000 prospective first home buyers purchasing a home with them via the Australian Government's First Home Loan Deposit Scheme.
Australia's consumer watchdog says the big four banks have made it "unnecessarily" difficult for borrowers to compare home loans, and it could be costing customers up to $5,000.