Behind the smiles and sold stickers, there appears to be a secret story of heartbreak behind a small but rapidly growing segment of home sales. Figures from CoreLogic show a record 16 per cent of sales early this year were properties that had last changed hands less than three years prior. Typically, this can be...
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‘You have to be rich to get a loan’: Big bank bosses say too much regulation is locking many Australians out of home ownership
The horror stories of consumers in financial strife that emerged during the banking royal commission more than five years ago led to stronger regulations aimed at better protecting consumers, and caps on bonuses paid to bankers. But the major banks are calling for some of these regulations to be wound back as they face tougher...