Economy

There was a broad decline in business conditions across different states over August, not just Victoria, indicating the continued risk posed by COVID-19 everywhere.

A non-bank has partnered with the real estate firm’s lending subsidiary to expand its distribution network.

Promoted by ANZ – Business Loans Financial support packages, policy changes and stronger broker relationships – how ANZ is helping small business customers get on top of business.

The self-employed specialist lender has priced its second RMBS transaction of 2020 and eighth RMBS issue overall.

Auction activity has come to a “virtual halt” in Melbourne as the city continues to be in stage 4 lockdown, according to CoreLogic.

ME bank has forecast a subdued property market during spring under the “COVID-19 cloud”, a sentiment echoed by analysts.

CoreLogic has appointed the former head of underwriting risk of Genworth as its new head of financial services solutions Australasia.

Home loan delinquencies induced by the economic fallout from the COVID-19 pandemic are set to mount in the final quarter of 2020, according to S&P.

A sharp drop in net overseas migration is expected to have a multipronged effect on housing demand and residential construction activity in the months ahead.

The economic fallout from the COVID-19 pandemic has triggered the largest quarterly contraction in GDP on record, new ABS data has revealed.