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Gurraj Singh Bhachu sentenced to home detention over $2.8m mortgage fraud in Auckland

“That behaviour undermines confidence in the lending system and ultimately affects the ability of hard-working New Zealanders to secure finance for their own homes.”

Higher than expected inflation report dashes hopes for further RBA rate cuts

The consumer price index was the last major piece of data before the Reserve Bank meeting on Melbourne Cup day.

How do banks assess you for a home loan? And how do you work out what you can afford?

Taking out a home loan means you’ll be required to make regular repayments over many years.

Young people are saving on rent by staying at home longer, but ‘you pay with your mental health’

The prospect of owning a home in the foreseeable future is out of reach for many young people.

Australians back multiculturalism but worry about migrant intake, surveys suggest

Many Australians — including well-established migrants — privately felt immigration levels were too high.

Albanese fast-tracks 5% deposit scheme to help first home buyers save years

The 5 per cent deposit scheme is part of Labor’s $43 billion housing agenda, which also includes boosting supply and supporting renters.

Interest rates are on hold at 3.85%, as the Reserve Bank opts for caution over mortgage relief

By holding steady, the bank is signalling it is not yet fully convinced inflation is returning to target and is prepared to wait for further evidence before cutting again.

Retiring with debt? Experts explain downsizing, using super for your mortgage, and pension eligibility

Retirement communities provide vulnerable older Australians a unique opportunity to move into a community under a leasehold or licence agreement.

The Reserve Bank will now have a separate board just to set interest rates. Here’s why that’s significant

The reforms will create two separate boards for the Reserve Bank of Australia (RBA) – one will be focused on monetary policy, the other on governance.

RBA may deliver a cut by November and a further in February, and another by April, making a total of three before the due date for the federal election in May.

Must-read

Melbourne family shattered by loss of 16-year-old son, calls for better pedestrian protection

Chris Rua Antony died in hospital on February 20, a week after he was struck by a car while walking home from school along Pound Road in Narre Warren South.

Gaza’s endless War: Proxies, misinformation, and the civilians caught in between

Many senior Hamas leaders have lived for years in luxury abroad, in places such as Qatar and elsewhere, far removed from the consequences of the war they help direct.

Albanese and ministers join Ramadan celebrations, encouraging wider community participation

Social Services Minister Tanya Plibersek described Ramadan nights in Lakemba as one of Sydney’s great traditions, pointing to the bustling streets and strong sense of community.
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