Economy

A study has underscored concerns about the dependence on “cheap money” policy for housing, instead suggesting that social housing could be more effective in stimulating the market.

Mortgage stress had increased in the three months to November 2020 compared with three months prior, indicating that winding back government support would “test” the housing market, ...

The cash rate could remain at its current record-low levels for longer than three years, and as long as necessary, the RBA has said.

The central bank has announced its first cash rate decision for the year 2021.

The central bank has announced a new record-low cash rate in its February board meeting, a decision that was unexpected by the market.

Treasury will immediately commence a search for a new chairperson for ASIC, but the current chair, James Shipton, will return to his role on Monday while the search for a replacement is ...

The RBA has studied the role of collateral in credit markets under stress, and has found that collateralised borrowing rose for some segments during the GFC.

A new FOI document released by the RBA shows that it believes economic risks may increase due to low interest rates, and that house prices could rise substantially if the cash rate is held ...

‘Rainy day savings’ and ‘saving enough to buy a property to live in’ are among the top financial goals for 2021, a new survey has found.

Paying off interest-accruing debt is high on Australians’ list of financial priorities for 2021, with many planning to pay off their mortgage faster, according to a survey.