News

Home loan refinancing rises as borrower switching accelerates Competition for Australian mortgage customers is intensifying as more borrowers move their loans between lenders, with refinancing

Sydney house price falls deepen across prestige suburbs Sydney’s housing downturn is being led by some of its most expensive suburbs, as higher borrowing costs

Household spending cools as borrowing and retail profits weaken Australian households are showing fresh signs of financial caution, with slower borrowing and a sharp fall

Auction clearance rates soften as buyers await RBA decision Australia’s auction market entered the spring selling season with softer clearance rates and rising stock, as

Australian house prices deepen as Sydney values fall 7.1% Australia’s housing downturn has broadened across the major capitals, with Sydney recording another sharp fall in

Gold rebounds above $US4500 as investors return to bullion Gold has pushed back above $US4500 an ounce after a sharp recovery in bullion, with falling

Non-bank lenders gain ground in Australian property finance Australia’s non-bank lending sector is attracting more mortgage borrowers and investor capital even as the broader property

Hui Ka Yan receives life sentence in Evergrande fraud case A Chinese court has sentenced China Evergrande Group founder Hui Ka Yan to life in

Sydney and Melbourne auction rates soften as prices ease Australia’s auction market is showing a widening split between the two largest capitals and smaller cities,

SMSF borrowing restrictions weigh on spec home pipeline Federal restrictions on self-managed super funds borrowing to invest in residential property are starting to affect a