In a new study, the think tank also claims negative gearing is not the main hurdle to first home buyers trying to enter the market
Despite the rise in foreign property approvals, the effect on capital city housing prices remains modest
CBA says that mortgage brokers play a key role in ensuring a healthy and competitive market for consumers
Australia is amidst a severe property bubble and it can’t be ignored, warns Lindsay David, the author of Australia: Boom to Bust. But not everyone is worried.
Brokers demand greater scrutiny be applied to branch managers and their lending activities, after many experience dubious lending practices by the banks
As the deadline for second round submissions to the Financial Services Inquiry closed this week, small banks bound together in their fight for a “level playing field” in the mortgage lending market.
A downward trend in new home sales has emerged for the year ahead, as sales dropped off a little in July
Subprime mortgages wreaked havoc on the US economy and contributed to the global financial crisis but the subprime mortgage market in Australia is gaining traction