First home buyers are flocking to the suburbs

Aussies are snapping up their first homes in the outer suburbs, a big bank’s data reveals, eschewing the trend of living in city centres as modern lifestyles evolve.

Confidence in the economy hits decade high

Confidence in the economy surged to a 10 year high, representing a remarkable turn of events months after enduring a recession comparable to The Great Depression.

After spurring loan and housing boom, Homebuilder is being wound down

Homebuilder has helped right the economy following the pandemic, leading to surges in home loan applications and construction projects, but it’s being whittled down in the near future.

Mortgage stress rises, first time in nine months

More Australians are stressing about how they’ll keep paying for the roof over their heads, new data reveals.

CBA responds to ASIC’s investigation into school banking

The nation’s largest provider of school banking has responded to criticism that they’re taking advantage of ‘vulnerable’ children in an effort to grow their customer base.

CBA responds to ASIC’s investigation into school banking

City rents could drop for years before bouncing back

Renters living in the nation’s largest capitals are likely to pay less in the coming years, as thousands of units in the city centres are expected sit empty gathering dust.

Personal loan discounts drive people to make big purchases again

Dozens of lenders have slashed rates on personal loans after commitments tumbled, luring new customers and likely contributing to car sales climbing for the first time in two-and-a-half years.

CommBank AdvancePay: Borrow hundreds of dollars for a $5 to $10 fee

The Commonwealth Bank is piloting a new program that’ll see participants tap into hundreds of dollars for a flat fee -- provided they make their repayments on time.

Rising vacancies and dropping rents in Australia’s largest capitals

More apartments are sitting empty and forgoing rental income in the country’s two largest markets, as health-imposed border lockdowns cut off a key group of renters.