Economy

Domain has confirmed that a new online auction feature has been launched in a bid to make transacting easier and safer for agents and buyers amid the COVID-19 pandemic.

An influx of deposit funding has slowed bank engagement with the Reserve Bank’s $90-billion term funding facility designed to facilitate low-cost lending to households and business.

The number of homes taken under the hammer nearly doubled in a week, despite ongoing challenges in the auction market.

The Mortgage Business Uncut podcast is your weekly analysis of the biggest themes shaping the Australian mortgages market.

AFCA has announced that it has appointed two industry veterans to senior roles within the complaints authority.

A former prime minister has issued a warning over government-backed loans programs introduced in the wake of the COVID-19 crisis.

The latest labour market figures have exceeded market expectations, but analysts are expecting the improvement to be short-lived, with the unemployment rate set to spike in the coming months

The complaints authority has provided an extension for parties to respond to complaints during the COVID-19 pandemic.

A virus-induced plunge in Australia’s real GDP in 2020 is set to be followed by a sharp spike in the coming year, the IMF has forecast in a new report.

The small business ombudsman has welcomed the addition of several non-bank lenders as participants in the government’s SME guarantee scheme.