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Economy

31 March 2020

The government has introduced new regulations that will see all foreign investments in Australia screened for approval, regardless of the value or nature of the foreign investor.

30 March 2020

The economic consequences of the coronavirus pandemic have prompted more non-bank lenders to make changes to their credit policies, which include a tightening of risk appetite.

30 March 2020

La Trobe Financial has announced it anticipates a “strong and sharp” rebound for the housing market, as well as for employment conditions and the greater economy over the coming months, as ...

30 March 2020

Property prices grew over the last quarter of 2019, the latest ABS data reveals, spurring a record-high improvement in household wealth.

27 March 2020

Half of Australian businesses have already been hit by the economic fallout from the coronavirus outbreak, with approximately 86 per cent expecting to face adversity in the coming months, ...

27 March 2020

Market uncertainty surrounding the coronavirus has prompted the financial services firms to withdraw performance guidance for the 2020 financial year.

26 March 2020

The looming coronavirus-induced downturn in the housing market could be sharper than initially anticipated, with recent developments threatening to “undo” price growth reported over the past ...

25 March 2020

A Dubai-based investment company has become a 20 per cent shareholder in Xinja Bank after investing $433 million in the neobank.

24 March 2020

The chief executive officer of the Tasmania-based banking and wealth management group, who was meant to step down in June, has agreed to stay in his role.

24 March 2020

Clearance rates are expected to fall below 60 per cent for the first time since mid-2019, while home owners rush to sell their homes before the coronavirus panic impacts buying sentiment ...