Search Results for: Katherine Keenan
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NEWS
Falling property prices contribute to drop in household wealth
Household wealth has fallen for the first time in more than two years, with $484 billion being wiped off in the June quarter.
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INDUSTRY NEWS
Housing loan commitments fall in July
The impact of consecutive interest rate rises has caused owner-occupiers and investors to shy away from the property sector, with the value of new loan commitments falling 8.5 per cent in July.
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INDUSTRY NEWS
The value of new loans fell 4.4 per cent in June
The value of new home loans across Australia has fallen 4.4 per cent last month, continuing to soften from the peak of $33.2 billion in January.
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INDUSTRY NEWS
Property prices fuel rise in household wealth
Climbing property prices continued to fuel an increase in total household wealth in the March quarter, with wealth per capita soaring to a record high of $574,807.
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INDUSTRY NEWS
Home loan commitments decline from record highs
The value of new home loan commitments fell 3.7 per cent to $32.3 billion in February after a record high in January, according to new data from the Australian Bureau of Statistics (ABS).
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INDUSTRY NEWS
Property prices drive record household wealth in Australia
Rapidly rising property prices have driven total household wealth to record rates, new data reveals. Figures released by the Australian Bureau of Statistics show total household wealth climbed 4.4 per cent, or 590 billion, in the September quarter to reach a record $13,918.5 billion. Wealth per capita also reached new heights at $540,179, the statistics show. Head of Finance and…
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NEWS
Home loan commitments hit record high
Owner-occupiers are fuelling a record high level of new loan commitments for housing.
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