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Investor mortgage lending rose 4.3% in August, higher than the 0.9% rise in owner-occupier loans. ANZ senior economist Daniel Gradwell said the monthly increase in investor lending was the largest since APRA told the biggest banks to limit interest-only lending to 30% of new mortgages. The rise...

Second-tier lenders, including Suncorp, Bank of Queensland and industry super-owned ME, are calling on APRA to revise lending restrictions which are effectively ‘locking in’ the market share of the big four banks and restricting competition. For almost three years, banks have faced a 10% annual growth...

The number of first-home buyers using stamp duty concessions has doubled since the Victorian Government introduced the measures on July 1. Data from the State Government also indicates the incentives have been popular in regional centres including Ballarat, Bendigo and Shepparton. The changes mean people buying their...

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