Macquarie Bank has become a case study for the profitability of green investing, after it overtook Westpac to become Australia’s third-largest bank.
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UK-based bank Barclays has received approval from Australia’s prudential regulator (APRA) to operate as a foreign bank in the country.
CBA’s head of Australian economics has made a bold prediction for the future, claiming the market is “in the twilight of an incredible boom.”
ANZ has set a date for when we can expect property prices to “roll over” but there’s a major catch for aspiring homeowners.
The Commonwealth Bank will keep a close eye on the strength in the housing market, and will change its lending practices if needed.
Big four lender Westpac has announced another eye-watering financial blow, with the bank set to take a $1.3bn hit in its upcoming financial results.
Would-be first-time homebuyers are set to face tougher hurdles to enter the market after a decision by the banking regulator to tighten lending standards.
The Commonwealth Bank of Australia’s chief executive says he is increasingly concerned with rising house prices and household debt levels.
Australia’s property market has been booming, and while there has been some slowdown in the pace of growth, a drop in prices is not likely, this expert said.
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Not too far long ago we would browse the local agent’s windows or newspapers for available properties, then the huge success of online portals made browsing on your couch a daily habit.
Real Estate Institute of Australia (REIA) has said the Australian Bureau of Statistics (ABS) show activity has increased across the board with growth in lending recorded for first home buyers, investors and owner occupiers.
When faced with an ‘adapt or die’ scenario the construction industry and key players within it are taking the opportunity to push boundaries and technologies to benefit the long run, making changes to work practices, technology and ideologies.
The REIQ and Queensland Law Society (QLS) are preparing new editions of the EF001 - Contract for Houses and Residential Land (17th ed) and EF003 - Contract for Residential Lots in a Community Title Scheme (13th ed) to be released on 20 January 2022.
End of a low-rate era The lowest fixed home loan rate on record has been increased this week, unfortunately ending the ultra low rates we’ve been accustomed to.Greater bank lifted their 1-yr rate of
Perth and Brisbane may be on opposite sides of Australia but the roughly two million inhabitants in each city enjoy a lifestyle centred on sizeable properties or modern apartments, plenty of sunshine and good public facilities, schools and universities.
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Hidden away in the back of the Australian Budget and unmentioned in the Treasurers speech, was a simple statement confirming that:
“The Government will replace the individual tax residency rules with a new framework that is easy to understand, provides certainty and reduces compl…
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Australian property prices look to be on a rocketing path, with first home buyers, low-interest rates and FOMO (fear of missing out) fueling the demand for the start of 2021.
However, with stimulus packages coming to an end, and international borders remaining closed, can this ex…
For anyone considering Australia as a future place of residence planning your taxation affairs is a critical element of the migration process.
The Australian taxation system is extremely complex and taxes residents worldwide income.
Thankfully, legal and sensible tax …
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