Australian Prudential Regulation Authority

Australian Banking Regulator Maintains Interest Rate Buffer Rule Amid Rising Mortgage Stress

Australia's banking regulator has stated that it will not ease the interest rate buffer requirements for borrowers despite more homeowners being subject to mortgage stress. This comes as a significant ...

June 1, 2023BY Alfred Bui

Crypto Crimes on the Rise in Australia

Australian cyber authorities have warned people and local businesses to take precautions against cybercriminals as they have become ...

April 22, 2022BY Alfred Bui

New Loans Pick up as Australian House Prices Continue to Grow

New Australian housing mortgage commitments rose 4.4 percent in December to a record high value of $32.8 billion ...

February 1, 2022BY Rebecca Zhu

Australian House Prices to Fall 10 Percent in 2023 After Interest Rate Rise: Commonwealth Bank

The Commonwealth Bank of Australia (CBA) expects house prices to fall by around 10 percent in 2023 after ...

November 21, 2021BY Rebecca Zhu

Reserve Bank of Australia Holds Cash Rate Amid Red Hot Housing Market

The Reserve Bank of Australia (RBA) has said it would continue to “carefully” monitor trends in housing borrowing ...

April 7, 2021BY Rebecca Zhu