Canberra house prices down amid pressure from public housing
Property values in pricey Canberra suburbs fell by 5% amid the 2017 announcement of new public housing, new research has shown.
Housing minister says now is right time to buy
Housing Minister Michael Sukkar urged first-home buyers to try and grab a property now before the introduction of the First Home Loan Deposit Scheme in 2020.
Westpac, ANZ lower stress test rates
Westpac and Australia and New Zealand Banking Group (ANZ) have started lowering the interest rates they use to stress-test loan applications, following the Australian Prudential Regulation Authority’s (APRA) announcement of looser lending rules.
