Breaking

The federal government has appointed Carol Austin as the new NHFIC chair and Nigel Ray and the Honourable Richard Wynne to its board.

If variable-rate borrowers do not adjust their spending habits, 15 per cent of them will be in ‘negative cash flow’ by the end of the year, according to the central bank.

The higher-than-expected inflation figures for April could weigh on the central bank’s monetary policy decision next week.

National home values rose once again in May as the pace of growth continues to accelerate.

The non-major bank has entered into two voluntary enforceable undertakings, one relating to issues with its anti-money laundering and counter-terrorism financing program and another to ...

Building approvals in Australia have witnessed a significant drop for the month of April 2023, exceeding economists’ predictions.

Treasury has suspended the planned expansion of the Consumer Data Right regime to more sectors to enable it to focus on non-bank lending and bed down the existing regime.

Consumer confidence plummets as the repercussions of rising mortgage debt sink in.

Two non-major banks have become the latest lenders to confirm they will be pulling their cashback offers from market in the coming weeks.

A new executive general manager of the ACCC’s Consumer Data Right division has been announced, replacing Paul Franklin.

An undersupply of rental accommodation and an increase in renters is deteriorating affordability, a new report from ANZ and CoreLogic has found.

The financial services group has announced a number of executive changes as part of an ongoing effort to streamline its business.

Weakening economic indicators and rising mortgage debt reduce probability of further rate increases, economists have discussed.

The Reserve Bank of New Zealand will ease rules limiting new lending to home loan borrowers with small deposits.

New research has found that the effects of the COVID-19 pandemic on Australia’s housing market are ongoing.