Top Stories in Australian Home Ownership August 20, 2016

Today’s trending stories in Australian home ownership and Home Loans.

  • The Block 2016: meet the new contestants
    Theyre fresh-faced, excited and raring to go. For now.
    Ten regular Australians among them a policeman, a property stylist and a couple of teachers are about to become household names as they take part in Channel NinesThe Block:the renovation challenge known for testing relationships to the nth degree.
    Of course, <a href="http://www.domain.com.au/news/the-block-winners-darren-and-deanne-jolly-pocket-almost-1-million-at-…
  • Moody's negative on banks' outlook due to margin squeeze
    The banks have been under sustained attack from Canberra after they lowered mortgage interest rates in a range of … A key source of asset risk, according to Moody’s, was the banks’ home loan books, which … 187 per cent of disposable income, with house prices and debt levels both at a historic high.
  • How to profit from record low rates
    You’d think that paying off your home loan and credit card would be top of the list. But not all advisers agree. They suggest there are other strategies…
  • Payments System Board Update: August 2016 Meeting
    At its meeting today, the Payments System Board discussed the assessment of the four ASX clearing and settlement facilities, the Board’s forthcoming 2015/16 annual report and work underway on a framework for the resolution of financial market infrastructures (FMIs).
  • Desperate developers offering $10000 a week to flog property
    Advisers are free to top up payments with other lucrative real estate sales commissions, mortgage broker trailing commissions or financial advisory…
  • Nightmare on Main st – America's precarious mortgage market
    The slab of mortgage debt lurking beneath it is the planet’s biggest concentration of financial risk. When house prices started tumbling in the summer…
  • Baby boomers should not have to shoulder affordability burden
    The CEO of a government-backed lender which targets first home buyers said parents should not have to risk their financial security to help their children onto the property ladder
  • $1 million property sales surging
    More than one in five house sales across Australias combined capital cities sold for at least $1 million over the 12 months to June 2016, new data has shown
  • Property investors warned of misleading conduct
    A peak real estate industry body has warned investors to be on the look out for misleading conduct in the property sector
  • Federal court sides with ASIC against WA developer
    A West Australian-based property developer has had to surrender her passport as ASIC continues their investigation into a property investment scheme in the Pilbara that is linked to Jamie McIntyre

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