New figures from the Australian Bureau of Statistics (ABS) showed the persistent decline in home lending as lending restrictions continue to take a toll on the market. According to ABS,

Property values in Sydney and Melbourne are in for a horror plunge — and price falls across the country could also soon double. Banking giant UBS has warned that Australia’s

ABS figures out today show a dramatic drop in new housing loans, while the number of credit cards are also continuing to fall, according to the RBA. Housing finance The new

The Royal Commission’s recommendations concerning broker commissions could result in dire consequences that will ultimately fall on borrowers, some industry experts say. Finance Brokers Association managing director Peter White said

Expensive property prices in Australia’s two major cities are creating an unexpected growing trend for two interstate regions. A growing number of Melbourne and Sydney residents have settled for paying

The Reserve Bank of Australia seemed to have changed its tone on the next movement of the official cash rate as it observes weaker economic prospects. In its latest economic

Prime Minister Scott Morrison has voiced his support for the broker channel and outlined their important role in the mortgage market. Following his address at the National Press Club on

One of the most heated issues arising from the recommendations of the Royal Commission is the change in the system of pay for brokers. The aim of the commission is

The RBA has dramatically revised down its economic forecasts amid the ongoing property market correction, prompting the Australian dollar to plunge again. The Reserve Bank has revised down its economic

The tumultuous drop in Australian house prices is reaching historic proportions. It’s predicted to be the worst in the world this year. The drop in house prices in Australia this