The number of properties coming onto the market in Melbourne has soared to its highest level since March, skyrocketing by 330% since private inspections resumed in late September.
Data from Australia's largest banks shows a rapid increase in the number of home loan customers who've resumed part or all of their mortgage repayments.
Figures from the Budget reveal the Government expects a 14.3% decline in property tax receipts this financial year, and a rebound of 13.5% in the next year.
Data released from the prudential regulator reveals 90%+ LVR home loans made up 9% of all mortgage deferrals, despite making up just 5% of the overall market.