While regulators have praised the new guidelines, one legal expert has stressed that comprehensive credit reporting is far from perfect
New data shows that almost 8% of Australian mortgage holders have little to no real equity in their homes
One third of mortgage holders are failing to even put in the effort to shop around and seek a better deal on their home loan
There's been an increase in the number of households under mortgage stress despite a decline in owner occupier interest rates
ANZ bank is the first to announce it will raise rates following the RBA's decision to increase the official cash rate by .25%.
The RBA has today raised rates for the first time since March last year, pushing up the cash rate by 25bps to 3.25%
New apartment buildings in Melbourne may soon be constructed without any car parking spaces if a new plan under consideration by the city council goes ahead.
After two years of plummeting prices in London's luxury property market, demand has suddenly spiked and prestige real estate agents can't get enough listings, according to a report in The Australian Financial Review
The RBA released its September Financial Stability Review today, showing that the GFC was continuing to impact on the local mortgage business.
A report released today showed that although there is a significant level of interest in property investment from Australians under 30, most are waiting for the new year before buying.