Economy

Oct 28 2019

Treasurer Josh Frydenberg has announced that the government is reviewing the interest rates of its Pension Loans Scheme, following calls for reverse mortgage interest rates to reflect the ...

Oct 28 2019

The progress of trade negotiations between the US and China will determine the extent of the Reserve Bank’s monetary policy easing over the coming months, according to a ComSec economist

Oct 28 2019

The ratings agency has revised its outlook for the Australian banking sector in response to stabilisation in the residential property market. 

Oct 25 2019

The federal government is yet to fine-tune its FHB loan scheme, with administrators unable to shed further light on the initiative.

Oct 24 2019

A new report has flagged risks associated with the implementation of AI technology, which could be inhibiting financial services firms from reaping the benefits of efficiency improvements

Oct 23 2019

 A big four bank has announced that its cash earnings will be hit by a further $341 million in remediation costs.

Oct 23 2019

The residential property market remains “overvalued” and is approaching a tipping point, an economist has said, despite recent signs of a market rebound.

Oct 23 2019

The debate surrounding the efficacy of stamp duty has resurfaced, with the NSW government launching a new review into its revenue system.   

Oct 23 2019

Sydney’s property market could stay strong until Christmas, as buyers experience the fear of missing out, according to Raine & Horne’s executive chairman.