As a mortgage broker, I get to meet a lot of people right when they are buying a house. And right now, there is one big question that I keep getting asked.

There are four big players in the home loan market, but a new player has emerged: the Bank of Mum and Dad.

KPMG’s Australian Major Banks Full Year 2023 results analysis finds that the majors reported a combined cash profit after tax from continuing operations of $32.5 billion, up 12.4 percent compared to FY22.

Covid and the lock downs were tough. Then inflation and the cost of living got out of control. Houses now cost more than ever before.

According to analysis by PropTrack and KPMG, the cost of housing could increase by over $100,000 in the next two years.

Building a brand-new home is a fantastic experience, and one that I recommended everyone do in their lifetime. Why? Because, just like you, a brand-new home is unique in its personality and you can shape it to fit what you want.

While it is a common myth that property will always increase in value, that is simply not the case as more home owners and investors are discovering recently.

While it is a common myth that property will always increase in value, that is simply not the case as more home owners and investors are discovering recently.

Australian home owners and investors have been given a 2-month reprieve on rate rises and now they might be getting used to it. But that might not be the end.