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According to the latest Domain Rental Report, asking rents in Australia across most capital cities have shown signs of stalling or declining. Although there are still rent increases in most capital cities, they were not at the rate previously forecasted.
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Non-bank lenders are snagging a bigger portion of the mortgage market, as more Aussies turn away from the big banks. According to mortgage aggregator FAST, the major banks conceded market share to non-bank, neobank and fintech challengers in 2019.
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