Interest rate hikes failing to dampen property prices in mid-size and regional areas
An interest rate rise in February has failed to slow much of Australia’s housing market, with new data…
Yoyoso parent Acecco in receivership with $11.6m debts, repayments unlikely
Acecco Holding is also a 51% shareholder of Beautylife Electronics NZ, which has so far not been affected…
Official Cash Rate cuts: Mortgage arrears at two-year low after OCR cuts
More than $2.2 billion in housing loans was classed as non-performing in October 2025, compared to $1.4b in…
Westpac’s profit jumps 13%, as it fattens its margins; CEO says average borrower is ahead on their mortgage repayments
The value of term deposits held by the bank fell by 2%, while transaction and savings deposits rose…