Economy

ASIC has disclosed the preliminary litigation costs linked to its responsible lending case against Westpac.

Housing tax incentives and monetary and prudential policy settings have curtailed efforts to “arrest the slide” in social and affordable housing supply, according to findings from a new ...

Business confidence has tumbled, a trend evident prior to the stage 4 restrictions in Melbourne, highlighting the need for ongoing support for businesses.

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The prudential regulator is to recommence the issuing of new licences and restart its policy and supervision initiatives, which were temporarily suspended earlier this year due to COVID-19

All states have now opened for applications for the federal government’s new HomeBuilder grants, with ACT the only government yet to launch an online application form.

The Commonwealth and NSW governments have agreed to fund 781 new social and affordable homes through the National Housing Infrastructure Facility.

Melbourne has registered a lower withdrawal rate during the second lockdown period and a strong preliminary auction clearance rate.

The Reserve Bank has revised its outlook for dwelling investment in the wake of new lockdown measures in Victoria and expectations of a sharper deterioration in labour market conditions.

The industry superannuation funds-owned bank has appointed a new chief risk officer, after the previous CRO departed in January.