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Showing 51 - 60 of 433 results for "Home loan"

Budget targets home ownership rates

TOM WATSON  |  TUESDAY, 29 MAR 2022
... Similar to the existing First Home Guarantee scheme, eligible buyers using the new scheme will be able to take out a home loan with a deposit as low as 5% without the need for mortgage insurance. Instead, the government will act as the guarantor for ...

Budget to back aspiring homeowners

ELIZABETH MCARTHUR  |  TUESDAY, 29 MAR 2022
... to the Home Guarantee Scheme, which already exists. The Home Guarantee Scheme ensures part of an eligible buyer's home loan is guaranteed by the government, in theory enabling Australians to buy a home sooner with a smaller deposit and without needing ...

Super should help secure home loans: Inquiry

JAMIE WILLIAMSON  |  FRIDAY, 18 MAR 2022
... following its inquiry into housing affordability and supply in Australia today, with the use of super as security for a home loan a key measure. "The Committee is of the view that first home buyers should be able to use their super as collateral for ...

Tasmania leads economic recovery

KARREN VERGARA  |  MONDAY, 24 JAN 2022
... economist Craig James said. NSW remains in the top spot in terms of home loans, up 73.2% based on a 10-year comparison. Home loan approvals in Victoria (68%) were the next-strongest, followed by Queensland (64.3%) and ACT (63.5%). House prices in Tasmania ...

Demand for retiree client book increases

KARREN VERGARA  |  SATURDAY, 1 JAN 2022
... 2020 to March 2021 and another 20% to December 2021, and now sits at three times the annual trails. "If the number of home loan books for sale from the major aggregators continue to be scarce, prices may rise further," Birt said. "With house prices up ...

ASIC sues ANZ in final civil RC case

JAMIE WILLIAMSON  |  THURSDAY, 9 DEC 2021
The big four bank is being sued by the regulator for failing to provide some of the benefits promised to customers who hold offset transaction accounts or 'Breakfree' packages in conduct dating back more than two decades. In what is the last ...

Top investment products, super fund revealed

STAFF WRITER  |  THURSDAY, 2 DEC 2021
Vanguard, UniSuper and BetaShares are some of the winners in Money magazine's 2021 Best of the Best Awards. Vanguard Investments Australia is this year's best investment manager as many of its products featured in several categories. Vanguard Australian ...

ASIC sues ANZ over home loan referrals

CHLOE WALKER  |  FRIDAY, 26 NOV 2021
... commenced proceedings in the Federal Court against ANZ for breaches of the Credit Act arising from referrals through its home loan 'introducer program' and from unlicensed individuals outside the introducer program. The program involved home ...

Brokers warn of looming disaster

ELIZABETH MCARTHUR  |  MONDAY, 15 NOV 2021
... next year with rising inflation - could be catastrophic for our nation." White pointed out that, based on the average home loan amount, an increase of $300 is only about a 1% raise to mortgage payments. "1% is not a large increase. It will happen and ...

ME Bank faces criminal charges

ELIZABETH MCARTHUR  |  WEDNESDAY, 15 SEP 2021
... in Federal Court, facing criminal charges for allegedly making false and misleading representations in letters to its home loan customers. It is also alleged that the bank failed to provide written notice about annual interest rate and repayment amount ...