| ASIC Enhances Oversight on Unlicensed Finfluencers Sat, 02 May: The Australian Securities and Investments Commission (ASIC) has recently escalated its regulatory actions against social media influencers, commonly referred to as 'finfluencers,' who are suspected of offering unlicensed financial advice. This initiative is part of ASIC's broader strategy to safeguard consumers from potentially misleading information disseminated through online platforms. - read more
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| High Court Upholds AFSA's Actions in Bankruptcy Case Sat, 02 May: The Australian Financial Security Authority (AFSA) has expressed approval of the High Court's recent decision to refuse special leave to appeal in the case of Hartnett v Inspector-General in Bankruptcy. This outcome reinforces the integrity and consistency of Australia's personal insolvency system. - read more
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| NAB Enhances ATM Network to Support Cash Users Sat, 02 May: The National Australia Bank (NAB) has announced a significant investment in its Automated Teller Machine (ATM) network, rolling out hundreds of new machines across the country. This initiative aims to support Australians who continue to rely on cash for everyday transactions and business operations. - read more
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| Australian Government Enacts Stringent Reforms to Protect NDIS Integrity Sat, 02 May: The Australian Government has enacted significant reforms to the National Disability Insurance Scheme (NDIS) to enhance its integrity and sustainability. These measures aim to protect the scheme from exploitation and ensure it continues to serve Australians with permanent and significant disabilities effectively. - read more
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| TAL Unveils Innovative TPD Support Option and Enhanced Income Protection for Self-Employed Australians Sat, 02 May: Leading Australian life insurer TAL has announced significant enhancements to its flagship retail product, Accelerated Protection. These updates include the introduction of the Total and Permanent Disability (TPD) Support Option and strengthened income protection features tailored for self-employed individuals. - read more
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| Rising Claims Costs Challenge Australian Insurers Amid Natural Disasters Sat, 02 May: Recent natural disasters have significantly impacted the Australian insurance industry, leading to a substantial increase in claims costs. According to KPMG's annual review, the general insurance sector reported a profit after tax of $5.2 billion for the calendar year 2025, a decrease from $6.2 billion in 2024. - read more
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| EML Group's Strategic Acquisition of Guild Insurance to Drive Growth and Innovation Sat, 02 May: In a significant move within the Australian insurance industry, EML Group has acquired a 70% stake in Guild Insurance, forming a strategic partnership aimed at fostering growth and accelerating technological advancements. This collaboration combines Guild's extensive experience in general insurance and workers' compensation with EML's expertise in injury claims management and technology-driven solutions. - read more
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| Declining Commercial Insurance Prices in Australia Present Opportunities for Businesses Sat, 02 May: The Australian commercial insurance market is experiencing a continued decline in prices, presenting opportunities for businesses to enhance their coverage. According to reports from global brokers Marsh and Aon, commercial insurance rates in the Pacific region, led by Australia, fell by 12% in the last quarter of 2025, marking the steepest drop since reductions began in early 2024. - read more
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| ACCC Halts IAG's Bid to Acquire RAC WA's Insurance Division Sat, 02 May: The Australian Competition and Consumer Commission (ACCC) has recently opposed the proposed acquisition of the Royal Automobile Club of Western Australia's (RAC WA) insurance arm by Insurance Australia Group (IAG). This decision follows a comprehensive six-month investigation into the potential impacts of the $1.35 billion deal. - read more
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| ASIC Calls for Improved Practices Among Home Insurers Sat, 02 May: The Australian Securities and Investments Commission (ASIC) has recently highlighted the need for home insurers to enhance their oversight of independent experts and improve communication with consumers, particularly concerning cash settlements. This call to action stems from ASIC's ongoing efforts to ensure that insurers provide fair and transparent services to policyholders. - read more
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| Tasmania's Ambitious Plan to Build 4,000 New Homes Sat, 02 May: The Tasmanian and Commonwealth governments have recently announced a collaborative housing package designed to address the state's housing shortage and improve affordability. This initiative aims to construct approximately 4,000 new homes across Tasmania, with more than half—up to 2,101 dwellings—specifically allocated for first-home buyers. - read more
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| April Sees Minimal Growth in National Home Prices Sat, 02 May: Recent data indicates that national home prices in Australia experienced a modest increase of 0.3% in April, marking the slowest growth rate since January 2025. This deceleration is primarily attributed to price declines in major cities such as Sydney and Melbourne, where house prices fell by 0.6% during the month. - read more
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| Increased Competition in Entry-Level Housing Market Amid 5% Deposit Scheme Expansion Sat, 02 May: The expansion of the federal government's 5% deposit scheme has significantly influenced Australia's housing market, particularly within the entry-level segment. Recent analyses reveal that this initiative has intensified competition among first-home buyers and investors, leading to notable price increases for affordable properties. - read more
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| Interim Review Highlights Strengthened Consumer Protections in Life Insurance Sat, 02 May: The interim report of the ongoing review of Australia's Life Insurance Code of Practice (Life Code) has been released, receiving positive feedback from the country's life insurers. Led by financial sector expert Peter Kell, the review involved extensive engagement with the community, consumer advocates, and regulators to ensure the Life Code remains robust, relevant, and trusted. - read more
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| Insights from APRA and ASIC's 2025 Life Insurance Data Release Sat, 02 May: The Australian Prudential Regulation Authority (APRA) and the Australian Securities and Investments Commission (ASIC) have jointly released the Life Insurance Claims and Disputes Statistics for the year ending December 31, 2025. This comprehensive report provides valuable insights into the performance of the life insurance industry, highlighting key trends in claims and disputes that are crucial for both consumers and industry stakeholders. - read more
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| Swiss Re Suspends New Life Insurance Operations in Australia Sat, 02 May: Swiss Re Life & Health Australia has announced a suspension of new life insurance business activities in the country, effective October 2025. This decision stems from concerns over the sustainability of Total Permanent Disability (TPD) insurance products, which have seen a significant rise in claims, particularly related to mental health. - read more
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| Zurich Australia Announces Acquisition of ClearView Wealth Limited Sat, 02 May: Zurich Financial Services Australia has entered into an agreement to acquire ClearView Wealth Limited via a scheme of arrangement, valuing ClearView's equity at approximately AUD 415 million. This strategic move is set to bolster Zurich's presence in the Australian life insurance market. - read more
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| Commonwealth Bank Plans Additional Job Reductions Fri, 01 May: The Commonwealth Bank of Australia (CBA) has announced plans for further job reductions as part of its ongoing efforts to streamline operations and adapt to current market conditions. This decision follows a previous round of redundancies, leaving employees facing continued uncertainty. - read more
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| NAB Enhances ATM Network to Support Cash Users Fri, 01 May: In a strategic move to support customers who continue to rely on cash transactions, National Australia Bank (NAB) has announced a significant investment in upgrading its ATM network. This initiative involves the deployment of hundreds of new machines across the country, ensuring that cash-dependent customers have continued access to essential banking services. - read more
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| Westpac Implements AI Copilot Across Global Workforce Fri, 01 May: Westpac Banking Corporation has announced the deployment of its AI Copilot tool to 35,000 employees worldwide. This strategic initiative aims to enhance operational efficiency and customer service by integrating advanced artificial intelligence into daily banking operations. - read more
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| Australian Motorcycle Market Sees 7.4% Growth in First Quarter of 2026 Fri, 01 May: The Australian motorcycle industry has commenced 2026 on a positive trajectory, with the Federal Chamber of Automotive Industries (FCAI) reporting a 7.4% increase in sales during the first quarter compared to the same period in 2025. This growth underscores the resilience and evolving preferences within the market. - read more
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| ASBK Joins 2026 Australian Motorcycle Grand Prix at Phillip Island Fri, 01 May: The 2026 Australian Motorcycle Grand Prix at Phillip Island is set to deliver an unprecedented experience for motorsport enthusiasts, as the Penrite Australian Superbike Championship (ASBK) joins the event's on-track schedule. This collaboration marks a significant milestone, with ASBK competitors racing for championship points alongside the MotoGP™, Moto2™, and Moto3™ classes from 23 to 25 October 2026. - read more
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| Australian Motorcycle Grand Prix Set to Relocate to South Australia in 2027 Fri, 01 May: After nearly three decades at the iconic Phillip Island Grand Prix Circuit, the Australian Motorcycle Grand Prix is poised for a significant transition. Starting in 2027, the prestigious event will relocate to South Australia, marking the end of an era and the beginning of a new chapter in Australian motorsport. - read more
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| ANZ Bank Achieves $1.38 Billion Profit in First Quarter of 2026 Fri, 01 May: ANZ Bank has reported a cash profit of $1.38 billion for the first quarter of 2026, marking a 75% increase compared to the average quarterly profit in the second half of 2025. This significant growth is attributed to a 5% year-on-year rise in deposits, reaching $561.59 billion, and a 0.3% increase in net loans and cash advances, totaling $587.27 billion. - read more
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| Westpac CEO Highlights Recession Risks as Interest Rates Climb Fri, 01 May: Anthony Miller, CEO of Westpac, has expressed concerns about the growing risk of a recession in Australia, citing escalating inflationary pressures and geopolitical tensions. In a recent interview, Miller emphasized the need for preparedness as economic circumstances evolve. - read more
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| Queensland Farmers' Market Threatened with Eviction Over Insurance Dispute Fri, 01 May: In south-east Queensland, the Three Creeks Farm Stall, a cherished farmers' market operating in Eileen Hose Park near Gympie, is confronting potential eviction due to a disagreement over public liability insurance requirements imposed by the Gympie Regional Council. - read more
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| Record Surge in Insurance Complaints Due to Claim Processing Delays Fri, 01 May: Recent data from the Australian Financial Complaints Authority (AFCA) reveals a significant increase in complaints against insurance companies, with an average of 100 complaints per day. This surge is primarily attributed to delays in processing everyday claims, affecting both home-building and motor vehicle insurance sectors. - read more
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| Climate Change Contributing to Rising Home Insurance Premiums in Australia Fri, 01 May: Insurance Australia Group (IAG) has released a report indicating that climate change is increasingly influencing the rise in home insurance premiums across Australia. The report highlights that the frequency and severity of extreme weather events, such as severe storms and hailstorms, are escalating, particularly in densely populated regions. - read more
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| AMP Bank's SuperEdge: A New Era in SMSF Residential Lending Fri, 01 May: AMP Bank has re-entered the self-managed super fund (SMSF) lending market with the launch of SuperEdge, a residential property lending solution tailored for SMSF trustees. This move addresses the growing demand among Australians seeking greater control and flexibility in their retirement planning. - read more
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| RBA Warns of Economic Risks from Global Conflicts and AI Challenges Fri, 01 May: The Reserve Bank of Australia (RBA) has highlighted significant risks to the nation's economic stability, citing the prolonged conflict in the Middle East and potential downgrades in artificial intelligence (AI) profitability as primary concerns. These factors contribute to an environment where economic risks are both high and escalating. - read more
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| Financial Troubles at Grow Inc Raise Concerns for HESTA Members Fri, 01 May: Grow Inc, the administration provider for HESTA, one of Australia's largest superannuation funds, is experiencing significant financial difficulties. Recent financial reports reveal that Grow Inc's liabilities nearly double its assets, raising questions about its long-term viability and the potential impact on HESTA's member services. - read more
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| No Credit Check Loans in Australia: What You Need to Know Fri, 01 May: For many Australians facing financial challenges, the concept of 'no credit check' loans appears as a beacon of hope. These loans promise quick access to funds without the scrutiny of one's credit history. However, it's crucial to understand the realities surrounding such financial products, their legality, and the alternatives available. - read more
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| Pledg's Asset-Based Loans: Fast Funding Without Credit Checks Fri, 01 May: In the evolving landscape of financial services, Pledg has emerged as a notable player, offering asset-based loans that bypass traditional credit checks. This innovative approach caters to Australians seeking swift and discreet financial assistance without the hurdles of conventional lending processes. - read more
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| Cash Direct's Approach to No Upfront Credit Check Loans Fri, 01 May: For Australians in need of immediate financial assistance, Cash Direct offers a compelling solution with its no upfront credit check loans. This service is tailored for individuals seeking quick access to funds without the initial scrutiny of their credit history. - read more
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| Australian Commercial Marine Industry's Economic Impact Revealed Fri, 01 May: The Australian Commercial Marine Group (ACMG) has unveiled a comprehensive Economic Impact Statement (EIS), shedding light on the substantial role the commercial marine sector plays in Australia's economy. According to the report, the industry contributes an impressive $25.16 billion annually to the nation's Gross Product and supports over 137,000 full-time equivalent jobs across the country. - read more
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| Australia and Japan Forge $6.5 Billion Frigate Agreement Fri, 01 May: In a significant development for regional defense, Australia and Japan have formalized a $6.5 billion agreement to bolster naval capabilities through the acquisition of 11 Mogami-class frigates. This partnership underscores the deepening strategic ties between the two nations and reflects a shared commitment to regional security. - read more
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| 2026 Australian Marine Industry Awards: Honoring Excellence in the Marine Sector Fri, 01 May: The Australian Marine Industry Awards are set to return in 2026, celebrating outstanding achievements across the nation's superyacht, marine export, and commercial marine sectors. Presented by the Australian International Marine Export Group (AIMEX), these prestigious awards are open to members of AIMEX, Superyacht Australia, and the Australian Commercial Marine Group (ACMG). - read more
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| Government Launches Zero-Interest Loans for SMEs in Key Sectors Fri, 01 May: The Australian Government has initiated the $1 billion Economic Resilience Program, offering zero-interest loans of up to $5 million to small and medium-sized enterprises (SMEs) operating in critical supply chain sectors. This initiative aims to bolster businesses affected by escalating fuel costs and supply chain disruptions stemming from global conflicts. - read more
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| SME Lenders Roll Out Tailored Support Amid Fuel Price Surge Fri, 01 May: In response to escalating fuel prices impacting small and medium-sized enterprises (SMEs), specialist lenders Prospa and Judo Bank have introduced tailored support measures to assist businesses facing cash flow challenges. - read more
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| Upcoming Payday Super Reforms Pose Cash Flow Challenges for SMEs Fri, 01 May: Australian small and medium-sized enterprises (SMEs) are on the brink of a significant cash flow challenge as the payday superannuation reforms are set to take effect on July 1, 2026. These changes will require employers to remit superannuation contributions concurrently with employee wages, a shift from the current quarterly payment system. - read more
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| Australian Motorcycle Market Sees 7.4% Growth in First Quarter of 2026 Fri, 01 May: The Australian motorcycle market has experienced a promising start to 2026, with a 7.4% increase in sales during the first quarter compared to the same period in 2025. According to the Federal Chamber of Automotive Industries (FCAI), a total of 20,624 motorcycles, scooters, and off-highway vehicles were sold between January and March this year. - read more
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| Stark Future Achieves 212% Revenue Growth and First Profit in Q1 2026 Fri, 01 May: Stark Future, the Barcelona-based electric motorcycle manufacturer, has reported a remarkable 212% increase in revenue for the first quarter of 2026 compared to the same period last year. This milestone also marks the company's first EBITDA-profitable quarter, indicating a significant step towards financial sustainability. - read more
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| MotorCycle Holdings Achieves 21% Revenue Growth and Record Market Share in H1 2026 Fri, 01 May: MotorCycle Holdings Limited, Australia's largest motorcycle and powersports retailer, has reported a robust performance for the first half of fiscal year 2026. The company achieved a 21% increase in revenue, marking a significant milestone in its growth trajectory. - read more
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| WA Transport Sector Pushes for Enhanced Truck Licensing Standards Fri, 01 May: Western Australia's transport industry is advocating for the state government to implement more stringent heavy vehicle licensing requirements, aiming to improve road safety and ensure driver competency. This initiative follows South Australia's recent reforms, which introduced tougher conditions for truck drivers after a tragic triple fatality in 2024. - read more
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| Insuregroup Sees Significant Growth in Truck Insurance Demand Fri, 01 May: Insuregroup, a specialist insurance brokerage serving the transport and logistics sector, has reported a 25% year-on-year increase in truck insurance policies, surpassing 10,000 policies processed since its inception. This growth underscores the rising demand for comprehensive insurance solutions as freight activity intensifies and regulatory scrutiny tightens across Australia. - read more
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| APRA Halts Unjustified Premium Increases in Commercial Auto Insurance Fri, 01 May: The Australian Prudential Regulation Authority (APRA) has taken decisive action to address significant premium increases in the commercial auto insurance sector by freezing unjustified baseline premium hikes exceeding 25%. This intervention aims to protect independent transport operators and logistics enterprises from immediate financial strain and potential insolvency. - read more
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| Significant Decline in Australian Commercial Insurance Rates Observed Fri, 01 May: In the first quarter of 2026, the Australian commercial insurance market experienced a notable 12% decline in pricing, as reported by Marsh's latest market index. This trend reflects a continuation of the previous quarter's decrease, signalling a competitive environment driven by abundant capacity and insurer competition. - read more
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| Australia's Cyclone Reinsurance Pool Achieves $1 Billion in Payouts Fri, 01 May: Since its launch in July 2022, Australia's cyclone reinsurance pool has surpassed $1 billion in claim payments, marking a significant milestone in providing support to regions vulnerable to cyclonic events. The Australian Reinsurance Pool Corporation (ARPC) reports that this total encompasses 20 declared events, with Cyclone Alfred in Queensland accounting for a substantial portion of the claims. - read more
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| APRA Highlights Need for Improved AI Risk Oversight in Insurance Sector Fri, 01 May: The Australian Prudential Regulation Authority (APRA) has recently emphasised the necessity for insurers to bolster their oversight and management of risks associated with artificial intelligence (AI). This directive comes in response to findings that the rapid adoption of AI technologies has outpaced the industry's current risk management frameworks. - read more
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| Inflation Surges to 4.8% in March 2026 Amid Global Tensions Fri, 01 May: In March 2026, Australia's inflation rate escalated to 4.8%, marking its highest level since September 2023. This surge is primarily attributed to a significant increase in fuel prices, a consequence of ongoing conflicts in the Middle East. The Australian Bureau of Statistics (ABS) is set to release detailed data confirming this uptick, which has raised concerns among policymakers and consumers alike. - read more
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| IFM Investors Proposes $6.9 Billion Acquisition of Atlas Arteria Fri, 01 May: IFM Investors, a prominent Australian superannuation fund manager, has initiated a $6.9 billion takeover bid for Atlas Arteria, a global toll road operator listed on the ASX. The offer stands at $4.47 per security, with a conditional increase to $5.10 if IFM secures at least 45% of Atlas Arteria's shares before the offer's closure. Currently, IFM holds approximately 34.5% of the company's shares. - read more
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| Australian Property Market Achieves 9.9% Annual Growth in 2026 Fri, 01 May: As of March 2026, Australia's property market has experienced a 9.9% annual growth, according to data from Cotality's Home Value Index. This marks the fastest annual growth rate since June 2022. Despite this national upswing, regional markets exhibit varied trends, offering a complex landscape for investors. - read more
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| Impact of the 5% Deposit Scheme on Affordable Housing Prices Fri, 01 May: Recent data indicates that the Australian Government's expansion of the 5% deposit scheme has significantly influenced the affordable housing market. In the six months following the scheme's October 2025 expansion, properties priced below the government's set caps experienced a 6.7% price increase, nearly doubling the 3.6% rise observed in higher-priced properties. This trend underscores the scheme's role in intensifying demand for entry-level homes. - read more
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| Declining Housing Affordability Amid Increased First-Home Buyer Demand Fri, 01 May: The Real Estate Institute of Australia (REIA) has released a report indicating a decline in housing affordability during the December 2025 quarter. The expansion of the 5% deposit scheme has led to a surge in first-home buyer activity, resulting in higher average loan sizes and increased financial strain on households. - read more
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| Surge in First-Home Buyer Loans Post Home Guarantee Scheme Expansion Fri, 01 May: The Australian Bureau of Statistics (ABS) has reported a significant increase in first-home buyer lending following the expansion of the Home Guarantee Scheme. In the December 2025 quarter, the value of new loans to first-home buyers rose by 15.5%, reaching $19.3 billion. This marks the second-highest quarterly total on record, surpassed only by figures from March 2021. - read more
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