Economy

The preliminary clearance rate across the combined capital cities improved across a lower volume of auctions last week.

An anticipation of the economic impact of the ongoing COVID-19 crisis has triggered a 300 per cent slide in the mortgage insurer’s underlying profit.

The non-bank lender’s FY20 results revealed that loan originations saw an uplift in June, following a quiet few months due to COVID-19.

The COVID-19 crisis has triggered the fourth consecutive decline in dwelling approvals, the latest ABS data has revealed.

Tax relief provided by the NSW government’s temporary changes to stamp duty may be offset by “price inflation”, according to CoreLogic.

The neobank has partnered with a cloud services provider to manage its API connectivity when it launches its forthcoming lending platform.

A big four bank has announced that 114 smaller regional branches will only open in the mornings from next month, as the bank embraces remote banking.

New findings have suggested that Australia remains a hotspot for foreign investors, with buyer activity continuing to increase.

The COVID-19 environment has reversed any rebound in rental values, with closed international borders rattling rental demand.

The prudential regulator has told banks that it expects them to retain at least half of their earnings and reduce payouts to investors, among several other changes, to ensure their ...