Help to Buy Bill passes the House 01 March 2024 5:21AM Latest news John Kavanagh A bill to establish a national shared equity scheme for low and middle income earners looking to buy a home was passed in the House of Representatives this week, but it may face a tougher passage in t.. read more
Affordable housing stock dwindles 12 February 2024 4:34AM Latest news John Kavanagh The stock of affordable dwellings fell significantly across Australia last year, a new report shows. read more
Home loan size reaches a new high 05 February 2024 5:28AM Latest news John Kavanagh The average home loan size across Australia was $624,383 in December – a big jump from $608,448 in November and the highest average loan size ever recorded in the ABS data set, the Bureau’s latest len.. read more
Help to Buy bill introduced 01 December 2023 5:07AM Latest news John Kavanagh The government introduced a bill in the House of Representatives yesterday to establish a national shared equity scheme for low and middle income earners looking to buy a home. read more
Building activity key to Melbourne's affordability 29 November 2023 5:58AM Latest news John Kavanagh Melbourne has bucked the housing affordability trend, at least by some measures, with the time to save a deposit and value-to-income ratio for the city both below long-term averages. read more
New NZ govt accelerates return of interest deductibility, promises inquiry into banks 27 November 2023 6:02AM Latest news Lynn Grieveson The coalition agreement finally signed by the National Party with its two partners following the October election defeat of the Labour government includes a faster return to interest deductibility for.. read more
Thirtysomethings much less likely to own a home 21 July 2023 5:33AM Latest news John Kavanagh Home ownership rates at ages 30 to 34 have fallen from a high of 65 per cent among those born in the late 1950s to around 45 per cent for those born in the 1980s, new research from the Australian Hous.. read more
Growing interest in 'alternative pathways' to home ownership 10 July 2023 4:24AM Latest news John Kavanagh First home buyers are increasingly attracted to “alternative pathways” to home ownership, such as shared equity, according to a survey conducted by lenders mortgage insurer Helia. read more
RBA rate rise unlikely in June as construction activity hits the skids 31 May 2023 5:59AM Latest news George Lekakis Economists and money market experts say they would be surprised if the Reserve Bank served up another official rate rise at the June board meeting in Sydney next week. read more
Regional Buyer Guarantee not for blow-ins 29 September 2022 4:46AM Latest news John Kavanagh The Regional First Home Buyer Guarantee, an addition to the Home Guarantee Scheme, kicks off on October 1, with an allocation of 10,000 places a year until June 2025. read more
More than 40 per cent of income goes to pay mortgages 01 September 2022 6:17AM Latest news John Kavanagh Housing affordability measures improved in the June quarter, as capital city house prices fell, but rising mortgage costs and rents offset the gains. read more
Call for macroprudential policy to assist first home buyers 22 July 2022 4:42AM Latest news John Kavanagh Macroprudential policy has played an important role in supporting home ownership in Australia in the past and remains a useful tool in housing policy, a report argues. read more
Government commits to more affordable housing supply 19 July 2022 6:10AM Latest news John Kavanagh The government has confirmed its commitment to add a supply-side element to its housing policy, through the formation of a A$10 billion Housing Australia Future Fund which will build 30,000 social and.. read more
No housing affordability relief in sight 21 June 2022 5:51AM Latest news John Kavanagh Housing affordability in Australia is likely to worsen as the impact of higher interest rates outweighs the benefit of falling prices, Moody’s says. read more
Sharp fall in Kiwi house prices “a plausible outcome” 06 May 2022 6:04AM Latest news Banking Day staff New Zealand house prices are up to 20 per cent above “sustainable” levels, says the RBNZ. read more
Labor expands housing policy initiatives 02 May 2022 6:07AM Latest news John Kavanagh Labor’s shared equity plan for home buyers, Help to Buy, which was announced at the party’s election campaign launch yesterday, complements a range of ambitious housing policy initiatives it has annou.. read more
Economists pan bipartisan fixation with home owner schemes 19 April 2022 6:22AM Latest news George Lekakis Two of the country’s most respected independent economists yesterday renewed their critiques of first homebuyer support programs after the major political parties each signalled plans to widen eligibi.. read more
Mixed reviews for expanded Home Guarantee Scheme 31 March 2022 6:04AM Latest news John Kavanagh The government’s expansion of its Home Guarantee Scheme has had mixed reviews, with commentators questioning how much it will push up house prices and others cautioning borrowers against using the sch.. read more
Time to save a deposit jumps 11 months in a year 24 March 2022 6:14AM Latest news John Kavanagh It takes an average of five years and eight months for first home buyers to save a 20 per cent deposit for a house purchase, according to the latest Domain First Home Buyer Report. read more
Concern over high DTI overstated, RBA finds 11 November 2021 6:08AM Latest news John Kavanagh Australian households have larger liquidity buffers than in the past, which can help service higher debt levels, according to new Reserve Bank research. read more