Economy

New government-led interventions in the housing market in response to the coronavirus outbreak are set to further hinder transaction activity, according to Domain.

The number of owners withdrawing their property from auction soared to 40 per cent last week, following the introduction of a ban on auctions and open homes, according to CoreLogic.

The government has introduced new regulations that will see all foreign investments in Australia screened for approval, regardless of the value or nature of the foreign investor.

The economic consequences of the coronavirus pandemic have prompted more non-bank lenders to make changes to their credit policies, which include a tightening of risk appetite.

La Trobe Financial has announced it anticipates a “strong and sharp” rebound for the housing market, as well as for employment conditions and the greater economy over the coming months, as ...

Property prices grew over the last quarter of 2019, the latest ABS data reveals, spurring a record-high improvement in household wealth.

Half of Australian businesses have already been hit by the economic fallout from the coronavirus outbreak, with approximately 86 per cent expecting to face adversity in the coming months, ...

Market uncertainty surrounding the coronavirus has prompted the financial services firms to withdraw performance guidance for the 2020 financial year.

The looming coronavirus-induced downturn in the housing market could be sharper than initially anticipated, with recent developments threatening to “undo” price growth reported over the past ...

A Dubai-based investment company has become a 20 per cent shareholder in Xinja Bank after investing $433 million in the neobank.