Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 51 - 60 of 145 results for "home ownership"

Calls for Royal Commission into housing

ELIZABETH MCARTHUR  |  WEDNESDAY, 16 JUN 2021
... residential mortgages, one of the highest globally and greatly exposing the banking system to potential disruption. Home ownership rates, meanwhile, have halved for under-35s since 1995. Along with the Royal Commission, which the researchers say is needed ...

Generational wealth gap continues to widen

ELIZABETH MCARTHUR  |  WEDNESDAY, 19 MAY 2021
... government spending, 4.5% went to the 65 to 74 age group and 3.2% to those aged 25 to 34 in the last 20 years. Home ownership rates have consistently been above 80% for 65- to 74-year-olds for the last 20 years. Meanwhile, among those aged 25 to 34 ...

No big losers in FY22 budget

JAMIE WILLIAMSON  |  TUESDAY, 11 MAY 2021
... upgrades in Tasmania. Other actions announced by the government include previously publicised measures to boost home ownership rates, a further $2.7 billion for the JobTrainer program, $1.1 billion towards women's safety initiatives, $2.3 billion ...

What to expect from the budget

ELIZABETH MCARTHUR  |  TUESDAY, 11 MAY 2021
... savings," ASFA deputy chief executive Glen McCrea said. Frydenberg also announced several measures aimed at boosting home ownership among young people. The Family Home Guarantee will allow single parents to purchase a home with a deposit of as little ...

Budget to boost home ownership rates

JAMIE WILLIAMSON  |  MONDAY, 10 MAY 2021
Ahead of tomorrow's federal budget, the government announced a raft of measures aimed at increasing home ownership levels, including the expansion of the First Home Super Saver Scheme. The government is increasing the maximum amount of voluntary contributions ...

Housing market reaches new heights

ANNABELLE DICKSON  |  FRIDAY, 7 MAY 2021
... many Australians looking to get a foot on the property ladder, the continued strength in the market is putting home ownership further out of reach despite record low mortgage rates. Wages growth simply isn't keeping pace," Owen said. The increase in ...

Former Wallaby departs Westpac for NAB

ANNABELLE DICKSON  |  WEDNESDAY, 17 MAR 2021
... executive role at NAB. Waugh has been appointed as executive, broker distribution at NAB and will report to executive, home ownership Andy Kerr. Waugh spent four years at Westpac and in his most recent role led a team of over 200 in New South Wales and ...

Banks still failing customers after Royal Commission

ELIZA BAVIN  |  TUESDAY, 16 MAR 2021
... "Right now, ABS data shows that mortgage lending is at record highs. This is fuelling a housing boom that is pushing home ownership out of reach of many more Australians," he said. "Scrapping safe lending will land many people with large debts they can't ...

Big super locking Aussies out of homes: Wilson

ELIZA BAVIN  |  FRIDAY, 19 FEB 2021
... logic to put the benefits of super, which are realised for around 20 years in retirement, ahead of the benefits of home ownership, which are experienced for around 50 years - during both your working life and retirement," Wilson said. "You can save for ...

ISA calls SG increase delay a tax grab

ELIZABETH MCARTHUR  |  WEDNESDAY, 13 JAN 2021
... multi-trillion trough they use to pay themselves bonuses in the tens of millions at the cost of take-home pay [and] home ownership."