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Commercial Banks

Company News

Sydney property market predictions: How will the next six months play out?

Elevated demand is expected to continue, with migration, and a weak dollar among the drivers.

Sydney house price forecast: The top five growth locations revealed

Premium suburbs are leading the charge, with affordable suburbs expecting subdued growth.

Perth house prices forecast to grow by 8% next year, and population set to grow

WA’s population growth outpaced national growth, up 2.3% compared to 1.9%, nationally.

Home loan lenders respond to the unprecendented times and a changing workforce

While sweetners have disappeared, lenders are changing some policies to accommodate the tough borrowing environment

Westpac sees rates hitting 4.1 per cent and property prices falling further

Westpac said, “2023 will be another challenging year, particularly as the RBA continues to ratchet interest rates higher.”

1 in 2 home loans will breach their serviceability buffer under hiked cash rate

The bank stated that 45% of its home loans, were made assuming interest rates will end up lower than they actually will be after rates rises.

Should first home buyers buy now or in 2023?

Confusion surrounds the big banks forecasting as much as a 20% fall in house prices from peak to trough

How high will interest rates be by Christmas and 2023?

All of the big four banks expected further cash rate hikes by the end of the year

More banks could join Home Guarantee Scheme, and Sydney market faces severe undersupply

The removal of the 2 major bank limit could see ANZ and Westpac join the major bank lender panel for the Home Guarantee Scheme

Housing market declines for first time in 20 months

CoreLogic reveals falls in Sydney and Melbourne are at the root of national easing