Rising property prices push loan sizes through the roof
Soaring real estate prices in mid-sized capitals has pushed the average new owner-occupier mortgage to record levels.
loans
Family claims $1.4m loan ‘blighted’ 89yo woman’s life
Pepper Money has been sued over an "unjust" $1.4 million home loan which allegedly threw an elderly woman and her family into financial and emotional distress.
Interest-free loans to power up demand for clean energy
Interest-free loans on solar panels and batteries will be offered by one major bank in a bid to make renewable energy affordable to more households.
Deal to drive discount EV loans for Aussie drivers
Australian Tesla buyers will be offered discounted green loans on the vehicle maker's website as part of a deal with the Commonwealth Bank.
PNG to bring criminal charges over $A1.2b UBS loan
Police expect to make arrests over a 2014 loan from UBS to Papua New Guinea, which was used to a buy a stake in an oil and gas company.
Investors flock to Brisbane but other cities subdued
Investor lending has jumped in Queensland but fallen in most other key states, with strong property price growth also reported in the state's capital.
Housing recovery gains momentum as supply tightens
Home values have risen for the sixth month in a row, with CoreLogic's latest index showing a 0.8 per cent lift in August.
Households cashed up for rates rise: RBA
Most households except recent first-home buyers have enough savings to cope with rising interest rates, which the ANZ tips to reach three per cent this year.
Home lending rises 1.7 per cent in May
The Australian Bureau of Statistics says the value of new housing loan commitments rose 1.7 per cent to $32.4 billion in May.
Home lending plunged 6.4 pct in April
Borrowing for housing fell 6.4 per cent to just under $31 billion in April, a much steeper fall than economists were expecting.