Credit, Housing Markets

Meredith Whitney on Economy, AI, Credit, Housing Markets

Australian housing market stalls in May

National home values flatline in May for the first time since January 2025 Mon 1 Jun 2026 at 4:57am In short: Australia's housing market stalled in May, with national home values flat after months of slowing growth. The weakness was led by Sydney and Melbourne, where values fell 0.9 per cent and 0.8 per cent respectively, according to Cotality data. While the Reserve Bank is widely expected to hold interest rates steady at its June 15-16 meeting, buyers remain highly sensitive to any signs...

Australians have become housing hostages. Will the budget set them free?

analysis Australians have become housing hostages. Will the budget set them free? Wed 3 Jun 2026 at 4:50am Australians have been held hostage to the housing market for the better part of this century.

Bank of England faces calls from UK lawmakers to ease stablecoin plans

Bank of England faces calls from UK lawmakers to ease stablecoin plans LONDON, June 3 : British lawmakers urged the Bank of England on Wednesday to soften planned rules on stablecoins, warning that overly strict requirements could hinder the development of a nascent sterling-backed market. A cross-party House of Lords committee said the central bank should reconsider proposals to cap the amount of stablecoins held by individuals and businesses and require issuers to back tokens with...

Debate over house prices 'invokes terror' in politicians

Falling house prices would ease inflation but politicians find the question much more complicated Fri 5 Jun 2026 at 6:33am In short: Politicians have hesitated to weigh in on whether it would be good or bad if prices fell. One economist says house prices falling will ease inflation but would upset many voters. The government has passed its budget tax reforms through the House of Representatives, but will need the support of the Greens to pass them in the Senate.

Pre-release access to DWP statistics

Pre-release access to DWP statistics Job titles of people with pre-release access to Department for Work and Pensions (DWP) statistics and the organisations they belong to. We’ve published the DWP arrangements for pre-release access to statistics in the interests of openness and transparency.

Upcoming DWP research publications

Upcoming DWP research publications This document provides details of upcoming Department for Work and Pensions (DWP) research publications. Documents Details Find out more about research at DWP. Updates to this page - Announced provisional publication date of June for 'Child Maintenance Service Calculation Research'.

Higher mortgage rates don't just keep buyers on the sidelines. Application denials rise too

Higher interest rates do more than just deter potential homebuyers — they may also block consumers from qualifying for a mortgage, according to new research. The rate of denials in loan applications was 15.1% in 2024, up from 12.2% in 2021, a rise that occurred alongside a surge in mortgage rates from below 3.5% to more than 6.5%, researchers at the Federal Reserve Bank of St. Louis said in a new blog post. At the same time, however, fewer consumers were applying for mortgages as rates...

'I'm 22 and earn £35,000 a year but I've already put away £106,000'

'I'm 22 and earn £35,000 a year but I've already put away £106,000' Gabriella Goddard has explained how she's done it A 22 year old has explained precisely how she's amassed £106,000 despite earning just £35,000 annually from her primary job. Rather than attending university, Gabriella Goddard embarked on a degree apprenticeship in management consulting at 18 - immediately depositing 60% of her £1,400 monthly wage into a cash ISA. During her second year, her pay rose to £1,600 monthly and...

DWP warning over £75 payments as 'people simply don't know'

DWP warning over £75 payments as 'people simply don't know' It may pay to check if you know someone who has a certain health condition People have been urged to check if they can get more DWP help as experts warn many people don't even know the support is available. You can get a range of financial support from the Government depending on your situation, such as if you have certain health conditions. But experts fear many people could be missing out on hundreds of pounds in funds they are...