The value of new mortgages slipped another 2.1 per cent in January, marking Australia’s biggest annual decline since the global financial crisis.
New data shows that there are more properties on the market now than at any time since 2012.
A property billionaire says the tight lending restrictions is a bigger issue facing the property market than the cutting or hiking of the official interest rate…
Regulatory measures to curb growth in investor lending have “meaningfully reduced” risks in Australia’s housing market, RBA deputy governor Guy Debelle says.
At a time when other parts of the economy are going well - just how severe is the tightening in the $1.7 trillion mortgage market?
Perth house prices took another hit in the September quarter but there is growth predicted over the medium term.
The Reserve Bank expects bank lending to tighten further in the wake of the royal commission, telling homeowners to expect a "gradual" decline in house prices.
The Reserve Bank of Australia is watching whether tighter lending standards as a result of the financial services royal commission adversely affects the broader…
The big four banks may have to exercise caution around out-of-cycle rate hikes, amid the fallout from the Royal Commission and ongoing scrutiny by the governmen…