Economy

Prime Minister Scott Morrison has described today’s upcoming federal budget as “the most significant since the Second World War”, with the focus moving away from surplus to spending.

Melbourne dwellings took longer to sell between March and September, reflecting lower demand due to COVID-19-related restrictions, according to research.

The non-major bank has shed new light on the impact of the COVID-19 crisis on its balance sheet following a review of its economic modelling.

There was a “striking” turnaround in the housing market in September as six capital cities recorded a rise in home values, but Sydney and Melbourne dragged down the national reading, ...

For the second month in a row, the number of borrowers exiting repayment deferrals has outpaced those requesting them, according to APRA data, but around 8.5 per cent of all loans are still ...

A rise in demand for detached housing in August – potentially driven by HomeBuilder – countered a sharp drop in the number of apartments approved, according to ABS stats.

Almost half of all Perth suburbs have recorded price growth in August off the back of reduced sales stock and rising buyer demand, according to a property investment consultancy.

The Prime Minister has announced that the federal government will invest nearly $800 million to help businesses digitise, including developing a new digital identity system, and more money ...

The lender has announced the retirement of a long-serving non-executive director.

Auction volumes increased in Melbourne last week, but the high withdrawal rate indicates a reluctance to test the market during lockdown, according to CoreLogic.