APRA Tag

Property values have risen for the first time since October 2017. But analysts say high debt levels and tighter lending conditions mean a quick recovery is unlikely. Average dwelling values in Sydney and Melbourne rose for the third consecutive month in August, lifting by 1.6 per cent and 1.4 per cent respectively,...

A key constraint on borrowing limits that was put in place during the property boom has been removed by the banking regulator. It's another move that may stimulate the soggy mortgage market. The changes could allow a household on an average income to borrow up to $77,000 extra from a bank,...

The stars are aligning for home buyers with a new formula to be used by the banks in assessing mortgage applications that will make it easier to get home loans. After months of restraining bank lending, on Tuesday the prudential regulator said it would soften rules around mortgage 'stress tests'. The move...