Economy

Jun 23 2020

The customer-owned bank has launched a new initiative to support charities experiencing funding difficulties as a result of the COVID-19 crisis.

Jun 22 2020

A lender has lifted rates by up to 40 bps across both its owner-occupied and investment home loan products amid cuts from its competitors.

Jun 22 2020

The federal government has made key clarifications to its HomeBuilder package, which has been welcomed by an industry association.

Jun 22 2020

The global investment manager has made an internal appointment to the role of CEO, as current CEO Adam Tindall retires from his role.

Jun 19 2020

A big four bank has announced rate reductions on both fixed and variable rate home loans as it prepares for a second wave of applications from the federal government’s FHB scheme.

Jun 19 2020

The unemployment rate has exceeded 7 per cent for the first time in almost 20 years, after over 200,000 Australians lost their jobs in May.

Jun 18 2020

The major banks have nabbed the vast bulk of home lending flows in the wake of the COVID-19 crisis, thanks to an influx in refinance applications from borrowers lured by cashback offers, ...

Jun 18 2020

Prospective home buyers have been cautioned against hastily entering relationship-based borrowing arrangements to secure a mortgage amid an improvement in housing affordability.

Jun 18 2020

Wisr has announced that its June quarter results should be largely shielded from the impact of COVID-19, as both loan originations and hardship request figures return to pre-COVID levels.