1 in 6 borrowers suffering from mortgage stress

The amount of mortgage stress in Australia is significant but declining, Roy Morgan Research has revealed.

NAB follows suit in hiking interest-only rates

National Australia Bank has followed Westpac and ANZ, hiking rates for mortgage holders making interest-only repayments, while reducing rates for owner-occupier customers paying off their loan.

Industry funds outperform bank-owned funds

Industry superannuation funds have delivered better returns than bank-owned super funds over the past 10 years, according to new data.

Get your taxes right, or else: ATO

The Australian Taxation Office has warned it will use data analysis to catch out people who file incorrect claims for work-related expenses at tax time.

Economy in a solid position, says RBA

The Reserve Bank has issued a largely upbeat assessment of Australia’s economic position.

Westpac stings investors with $100/month rate hike

Westpac has followed in ANZ’s footsteps by further penalising customers who opt for interest-only repayments, while offering a small reward for ideal borrowers.

Number of homes grows 2%

Australia’s housing stock is growing faster than its population, in good news for the cause of housing affordability.

Sales of new motor vehicles climb 4.9%

One of Australia’s key economic indicators has performed quite strongly over the past year, new data has revealed.

Discover the Brisbane suburbs where prices now top $1m

A record 15 Brisbane suburbs now have a median house price of at least $1 million – including the first suburb to top the $2 million mark.

Rents plummeting in Perth, jumping in Hobart

Renting a property has become cheaper over the past year for residents of Perth, Darwin and Brisbane.