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If the central bank bumps the cash rate next week, more than 30 per cent of mortgage holders will fall under ‘mortgage stress’, according to Roy Morgan.

Strong unemployment, immigration, and China reopening should help Australia avoid a recession, the non-bank lender’s chief financial officer has said.

The prudential regulator has sought an injunction against a business allegedly using the word bank without holding the appropriate licence.

Both the US and UK have separately fined UBS, which now owns Credit Suisse, for its subsidiary’s ‘significant failures in risk management’.

As the quarterly inflation data came in below market expectations, some economists revised their cash rate estimates.

Fewer borrowers took out mortgages in the second quarter of June 2023 as the impact of rising rates becomes “more evident”, data has revealed.

Rising rent and population growth have helped the property market rebound amid a ‘FOMO phenomenon’, AMP’s chief economist has said.

With the release of the June quarter inflation data today, economists are uncertain it will ease enough to keep interest rates on hold.

The Reserve Bank of Australia has revealed the dates for its eight meetings in 2024.

Potential rental reform action by the Andrew’s Labor government may impact investor confidence, CoreLogic’s research director has said.

The freshly formed customer-owned bank's mortgage book grew beyond $18 billion four months on from its merger.

There are growing concerns among property professionals regarding access to funds amid economic uncertainty, new data reveals.

The federal cabinet has revealed whom it has recommended to take up the role of chair of the Productivity Commission.

Liberal senator Andrew Bragg has accused ASIC of secrecy after it failed to provide evidence to the Senate economics references committee.

The mutual lender has rolled out a digital home loan proposition to its direct customers.