Transform state agency approval processes to lower new housing costs: Property Council
A new report has found that fixing inefficiencies in the approval processes of major housing projects could unlock $360 million in economic benefits, and help ease some of the pressure on property prices.
Demand for fixed rate home loans has fallen for the sixth month, with Mortgage Choice data showing fixed rate loans accounted for 21.75 per cent of all loans written in February, down from more than 28 per cent in September 2017.
APRA ready to lift 10% cap on growth in investor lending: Wayne Byres
APRA chairman, Wayne Byres, has said the regulator is ready to lift the 10 per cent cap on growth in investor lending, but the cap on interest-only loans will stay.
The federal government has said it will address some of the concerns building owners have been raising for years about the behavior of telecommunications carriers.