Economy

The global investment manager has made an internal appointment to the role of CEO, as current CEO Adam Tindall retires from his role.

A big four bank has announced rate reductions on both fixed and variable rate home loans as it prepares for a second wave of applications from the federal government’s FHB scheme.

The unemployment rate has exceeded 7 per cent for the first time in almost 20 years, after over 200,000 Australians lost their jobs in May.

The major banks have nabbed the vast bulk of home lending flows in the wake of the COVID-19 crisis, thanks to an influx in refinance applications from borrowers lured by cashback offers, ...

Prospective home buyers have been cautioned against hastily entering relationship-based borrowing arrangements to secure a mortgage amid an improvement in housing affordability.

Wisr has announced that its June quarter results should be largely shielded from the impact of COVID-19, as both loan originations and hardship request figures return to pre-COVID levels.

The economic downturn may be “shallower” than initially expected, with policymakers easing lockdown measures earlier than anticipated, according to the Reserve Bank.

Residential property prices rose 1.6 per cent across the combined capital markets in the March quarter, according to new data from the ABS.

A rise in mortgage applications off the back of record-low interest rates has steadied home buying sentiment, following a plunge in recent months, according to new research from the ...

The Prime Minister has defended the federal government’s $688-million housing stimulus amid criticism of the scheme’s eligibility criteria.