Business
Aussies committing to new home loans at soaring rates – NEWS.com.au
Aussies committing to new home loans at soaring rates
New home loan commitments have reached record highs as the low interest rate environment and government incentives spur on a flurry of buying activity. Latest Australian Bureau of Statistics data reveals new housing loans for December soared 8.6 per cent on the previous month, with $26bn added to the nation’s lending book.
The ABS recorded an 8.7 per cent rise in new owner-occupier home loans, while investor-only loans grew 8.2 per cent.
Owner-occupier loan commitments are at the highest level since…
-
General23 hours agoFederal Labor makes $100m Canberra convention centre funding pledge for planning, new aquatic centre
-
Business9 hours agoBattle of the ASX ETFs: Why has VGS outperformed VTS this year?
-
General19 hours agoTribute unveiled for SA Police Brevet Sergeant Jason Doig after fatal 2023 shooting
-
Noosa News4 hours agoBanana farmers still salvaging fruit four weeks after ex-Tropical Cyclone Alfred