Economy

A credit squeeze and tighter lending standards in 2019 led to the sharpest contraction in home building since the introduction of goods and services tax, according to new data.

The neobank has announced that it is partnering with the Cotton On Group to encourage staff and customers to participate in a savings challenge.

Approximately 730,000 mortgage-holders with interest-only terms have been urged to prepare for a sharp rise in repayments over the next 12 months.

First home buyers are finding the home loan application process “time consuming and inconvenient” as they struggle to understand what is involved, new research has confirmed.

Auction markets across Australia are continuing to grow as both the number of auctions and auction clearance rates trended higher last week.

An assessment of the internal stress testing capabilities within authorised deposit-taking institutions (ADI) has found gaps in the internal stress testing frameworks of the institutions, ...

Mutual bank margins are set to come under pressure amid record-low interest rates and “fierce” competition in the home-lending space, according to S&P.

The Tasmanian bank has announced the appointment of a new chief financial officer.

The neobank has announced that inflows into its savings account product have hit $200 million.

The strong upward trend in home-buying intentions is translating into higher motor vehicle spending intentions, according to new CBA research.