Economy

The value of new first home buyer commitments reached its highest value in 10 years, new figures from the Australian Bureau of Statistics have shown.

A business that complies with the JobKeeper eligibility criteria in April will continue to receive the $1,500 per fortnight wage subsidy for the remainder of the JobKeeper period, until 27 ...

The RBA will keep the cash rate at its record low for the foreseeable future with no improvement in inflation and labour market conditions in sight, according to an analysis.

A 227 per cent surge in credit impairment charges has dealt a $6.2-billion blow to major bank earnings, which are set to face ongoing headwinds in the coming years, according to an EY ...

While data highlights “no evident impact” on dwelling approvals to March 2020, economists anticipate the new-build market to take a hit over the next coming months.

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The prudential regulator has greenlighted a merger between two NSW-based lenders.

NSW will allow in-person property inspections and on-site auctions from this weekend, following a marked reduction in new coronavirus cases.

Auction volumes continue to be on the lower side across capital cities, reflecting the effects of the ban on public auctions.

Almost half of Australians aged over 18 have reported that the COVID-19 pandemic has affected their household finances, with 31 per cent reporting a negative impact.