Some have been forced to lean on family for help,make a compromise,or delay their decision to purchase altogether.
Home buyers who managed to squeak into the property market during a narrow window of time a few years ago would not be as lucky today.
The cost-of-living crisis is colliding with home owners’ search for enough space to accommodate their family.
Universities Accord panel chair Dr Mary O’Kane has urged authorities to look at the impact of HECS-HELP on home loan assessments as young people struggle to enter the housing market.
Young people who lower their expectations to an unassuming home in their second-choice location still could not comfortably afford the loan repayments.
It’s a sticky decision for Treasurer Jim Chalmers given his government has been waging a war on the dominant players in concentrated industries.
The Australian Competition Tribunal has overturned the competition watchdog’s decision not to allow ANZ’s proposed acquisition of Suncorp’s banking arm.
The bosses of Westpac and Bendigo and Adelaide Bank say late payments on home loans have ticked up,but that an easing in interest rates,which looks likely to happen this year,would support economic growth.
If you’re languishing under high mortgage repayments,there are a number of steps you can take to get back on track.
Tax cuts could stall the rate relief that I and so many others sorely need.
The outlook for home buyers this year is grimmer than usual,but mortgage brokers say knowing how the system works can give some home owner-hopefuls a leg up.