Today’s trending stories in Australian home ownership and Home Loans.
- IMF: Don't expect any correction in Australia's housing affordability
The Australian housing market is projected to cool, but homeowners and property investors should not expect any correction in the market’s lower housing affordability and household debt vulnerabilities. According to a statement by the International Monetary Fund (IMF), the cooling will most likely be…
- Former Test cricketer Shane Watson scores $10.5 million sale on Bronte house
Former Test cricketer Shane Watson and his wife Lee have scored a solid win on their Bronte home after it sold formorethan $10.5 million.
The sale comes just three weeks after the couple listed the contemporary hillside home given plans to move to Brisbane.
Watson, billed the highest paid Australian cricketer of recent years by For…
- North Sydney residents and strata committee in stand-off over cranky 34-year-old lift
Residents say they fear for their lives every time they get into the cranky 34-year-old lift in their apartment building in North Sydney, and accuse their strata committee of sheer bastardry for refusing to replace it.
The lift rarely stops on the fifth floor where owner Denise Huntlives; it often descends straight to the basement regardless of which button is pressed, and it regularly doesnt stop flush on occupants landings.
It is seriou…
- The challenges of moving interstate: Everything you need to know
Any house move is a stressful process but when you are one of the estimated 340,000 people who move interstate each year, there are some extra degrees of difficulty.
Searching from a distance
The internet is a powerful tool when looking for a property but 360 degree views are no substitute for seeing a house in person.
Malcolm Gunning, president of the Real Estate Institute of Australia,agrees that caution is neede…
- APRA unearths shadow banking sector's risky loans
The prudential regulator has uncovered mortgage-backed bonds being sold by the unregulated shadow lending sector packed with risky investor and … Unregulated non-banks, which account for about 1 per cent of Australian mortgage lending, use short-term bridging finance known as warehouse…
- Former NAB banker implicated in home loan scam
Andrew Matthews, a former employee of National Australia Bank (NAB), faced a Melbourne Magistrates Court yesterday, a week after NAB announced it had sacked 20 bankers and disciplined 32 staff members over the issuance of thousands of home loans based on fraudulent customer information.
- Hawksburn: The suburb that’s not a suburb despite its fabled history
Hawksburn, a suburb not suburb, is not alone. It shares its suburb not suburb status with Westgarth, Regent and Oak Park. All suburb not suburbs in Melbournes north.
But Hawksburn is not in the north. Its not even close. Its on the other side of the river, (and quite close to it, too). It air kisses Toorak to the east, Prahran to the south, but mostly seems to be South Yarra, with slices of the other two thrown in.
Putting a border around …