Economy

All 5,000 places allocated for non-major participating banks within the FHLDS have now been exhausted, three months after launching.

The non-major has introduced a new digital verification tool in a bid to simplify the application process via the third-party channel.

Auction clearance rates have risen to their highest level since the onset of the COVID-19 crisis, new data has revealed.

Modelling of sales volumes by CoreLogic has shown that across Australia, residential property sales may have declined by about 40 per cent over April.

The NSW government has eased social distancing restrictions, enabling small businesses to open their doors to a larger number of patrons.

The bank has reduced its qualifying rate in a bid to maintain its competitive position in the market.

Mainstream lenders are “going to have to develop new skills” to assess serviceability as a result of COVID-19 fallout, the co-founder and CEO of the neobank has suggested.

A Liberal senator for WA has urged lenders to extend interest-only periods for borrowers to help reduce hardship levels during COVID-19, noting that exemptions are in place that allow them ...

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 ...