Economy

The aggregator has announced a new partnership with CoreLogic, providing its brokers with up-to-date property information and analysis.

Dampened interest rates, and a surge in demand for digital services and corporate accountability have been listed among the long-term effects that will linger for financial services ...

Credit losses across the big four banks are set to more than double those recorded by the mutual sector, S&P has projected.

A big four bank has filed its defence to AUSTRAC’s claims that it had breached AML/CTF obligations, stating it “accepts the gravity” of the claims and admitting several breaches.

Hundreds of mortgagors have chosen to unfreeze their mortgage repayments early, following a six-month repayment pause offered amid COVID-19, according to NAB.

A major ratings agency has downgraded its outlook for the mortgage insurer amid expectations of a sharper than anticipated deterioration in Genworth’s financial position.

Just under 430,000 home loan customers have opted to freeze repayments since the onset of the COVID-19 crisis, the latest figures have revealed.

Auction clearance rates have strengthened across the capital cities, but overall activity and auction volumes remain substantially below average.

The number of new homes sold hit a record low in March and again in April, with the construction sector set to feel the hit until 2021.

The non-major bank has announced that digital signatures acquired through legitimate e-signature platforms will now be accepted on all home loan applications.