Economy

More than a third of properties across Australia has estimated mortgage repayments that are less than weekly rental repayments but this is least likely in Sydney.

Almost a quarter of Australians expected a fourth cut to the cash rate from the Reserve Bank, prompting some to make premature financial decisions, according to new research.

The online SME lender has announced the appointment of Ashley Miller as its inaugural chief financial officer, effective immediately.

Construction activity has decreased beyond expectations, partly driven by a slump in the residential space.

A non-major lender has slashed rates across both its fixed and variable rate home loan offerings by up to 61 bps.

The non-bank has reported sharp growth in home loan settlements, capitalising on a “flow away” from established lenders.

The UK fintech has announced that it has appointed the first members of its Australian executive team, including its CEO, CCO and CRO, as it gears up to a full launch in Australia later this ...

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.