CCI failings to cost lenders $160m
ASIC has facilitated over $160 million in remediation payments to over 430,000 customers who have been sold “junk consumer credit insurance” from lenders and insurers
TAX & LEGAL • Fri, 15 May 2020
New lender to enter the mortgage space
Two ex-Westpac group executives have teamed up to create a new digital home loan provider, successfully closing a $33 million capital raise.
FINANCE • Fri, 15 May 2020
ANZAC Day commemoration see auctions volumes fall
The number of auctions held across the combined capital cities fell to 431 in the week ending 26 April, down from the 1,922 scheduled in the week prior, according to ...
HOTSPOTS • Tue, 28 Apr 2020
Capital markets: Before and after COVID-19
Markets across Australia lifted in the first three months of 2020 but could struggle to maintain momentum throughout the COVID-19 pandemic, according to Domain.
HOTSPOTS • Thu, 23 Apr 2020
Housing market ‘relatively resilient’ amid COVID-19
National housing values are yet to take a hit, despite the economic fallout of COVID-19 and restrictions placed on the real estate market, according to CoreLogic.
Commercial rent relief code revealed
The government has unveiled its previously announced commercial leasing code of conduct, which aims to protect tenants and landlords facing financial hardship amid ...
INVESTOR STRATEGY • Wed, 08 Apr 2020
Auction withdrawal rates continue to climb
The market fallout of the banning of on-site auctions has continued, with 45 per cent of auctions withdrawn from sale last week, according to CoreLogic.
HOTSPOTS • Tue, 07 Apr 2020
Construction spikes before virus shock
The number of dwellings approved for construction in February jumped by almost 20 per cent when compared with January, highlighting the strength of the market prior to ...
HOTSPOTS • Thu, 02 Apr 2020
Government to screen all foreign investment
The government has introduced new regulations that will see all foreign investments in Australia screened for approval, regardless of the value or nature of the foreign ...
TAX & LEGAL • Tue, 31 Mar 2020
