Latest First Home Buyers News

A control fight and a big private equity payout topped this week’s finance moves, while several small-cap lenders and fund managers slid hard. Platform operators kept printing inflows, but investors stayed quick to punish anything that looked uncertain.

Australian Finance Group has reported a record-breaking surge in mortgage lodgements for Q2 FY2026, driven by strong broker performance and robust growth in Western Australia.

Finbar Group has achieved over 70% presales for its Palmyra West Apartments project, signalling strong market demand ahead of construction starting in March 2026.

Peet Limited forecasts a robust FY26 with net profit after tax expected between $74 million and $78 million, signaling a 26% to 34% increase over the previous year amid strong market demand and operational momentum.

Mirvac Group reported a strong start to FY26 with a 79% surge in residential lot sales and a strategic joint venture with Mitsubishi Estate unlocking $450 million in capital. The company reaffirmed its full-year earnings guidance amid robust leasing and development progress.

Cedar Woods Properties Limited delivered a robust FY25 with a 19% increase in net profit, underpinned by a diversified project portfolio and favourable market conditions. The company signals continued growth with a 10% NPAT guidance for FY26, supported by strong presales and strategic partnerships.

Helia Group reports a robust 38% rise in statutory net profit for the first half of 2025, alongside a special dividend declaration, while navigating looming challenges from government policy shifts and lender contract changes.

Finbar Group reports a resilient FY25 with a 16% rise in underlying profit and a robust $1 billion development pipeline, underpinned by strong sales and strategic focus.

ASB’s full-year profit slipped slightly despite solid growth in home and business lending, as the bank invests heavily in technology and housing initiatives.

Helia Group reveals ING Bank Australia will not renew its Lenders Mortgage Insurance contract beyond June 2026, prompting a strategic business review amid evolving market dynamics.

FBR Limited has entered a non-binding MOU with Habitat NT for the sale of a Hadrian X robotic block-laying unit, aiming to accelerate construction in Darwin amid a housing shortage and infrastructure upgrades.

Helia Group’s 1Q25 APRA lodgement reveals robust growth in gross written premiums and statutory net profit, while the company voices concerns over proposed government changes to the Home Guarantee Scheme that could reshape its market dynamics.