Economy

The number of auctions held across the country fell week-on-week, however clearances have continued to hold above 70 per cent.

The Mortgage Business Uncut podcast is your weekly analysis of the biggest themes shaping the Australian mortgages market.

COBA has called on policymakers to reconsider the timing of the incoming wave of regulatory reforms, as smaller lenders battle to maintain profitability in a record-low interest rate ...

The average SME waits 56 days to receive payment for good and services, almost double what the ombudsman has called for, new research suggests.

The non-majors have joined their peers in repricing their mortgage offerings following the Reserve Bank’s cut to the cash rate.

The non-major has entered into partnerships with the firms as part of its “transformation” into a “digital challenger bank”.

The US central bank has cut rates by 50 bps ahead of its scheduled monetary policy board meeting in response to escalating economic fears regarding the coronavirus outbreak.

Australia’s GDP rose above expectations in the December but mounting global economic risks are set to weigh on growth in the coming quarters, according to analysts.

Half of Australian financial executives anticipated a further drop in interest rates in 2020, while many remain “less impressed” with the results of previous cuts, a newly released study ...

A host of lenders, including the major banks, have reduced their mortgage rates in response to the Reserve Bank’s fourth cut to the cash rate.