Loans and finance

Four Perth suburbs have joined the million-dollar club after their median house prices grew to seven figures during the year to June, new data has revealed.

Prospective homeowners in some industries and cities could find it more difficult to get a home loan approved compared with the start of the year, but others may find it even easier.

A senior banker has weighed in on what the Delta-variant coronavirus outbreak means for the future path of interest rates and the outlook for property prices.

With millions of Australians under lockdown and the economic recovery faltering, an earlier than expected rise to interest rates is looking unlikely.

If house hunters have been shopping around for months, the latest series of lockdowns may prove to be worse news than any rate rise.

With half the country locked down and others working remotely for part of the week, a major bank has come up with a way for home owners to slash their energy bills.

Property finance is riddled with terminology and jargon that can confuse even experienced buyers and sellers, but arming yourself with knowledge before making a move improves your chances of success.

When it comes to buying a home, it’s not just the deposit that first-home buyers have to save. There’s taxes, essential checks and legal fees too.

The ACT government’s election promise to provide interest-free loans to install roof-top solar panels, household battery storage and hot water heat pumps will begin this week.

The Reserve Bank has kept the cash rate at a record low of 0.1 per cent, with inflation remaining below targets despite short-term spikes.