Economy

Jul 31 2019

The Australian Financial Complaints Authority has appointed Dr June Smith as its deputy chief ombudsman, reporting to David Locke.

Jul 30 2019

A non-bank lender has eased its serviceability assessment policy, in tandem with its ADI peers.  

Jul 30 2019

Investors and owner-occupiers are both benefiting from the current low-rate environment, with refinancers particularly flocking to the market, new data has shown.

Jul 30 2019

SME lender Judo Bank has raised $400 million in its second-round equity raise, double its initial target of $200 million.

Jul 29 2019

The federal government has revealed that it has collected over $1 billion as a result of its efforts to prevent foreign property investors from evading capital gains tax.

Jul 29 2019

The next pick-up in residential construction will be led by a spike in non-residential investment in the resource states of Queensland and Western Australia, according to a new analysis from ...

Jul 29 2019

Marketplace lender Wisr has partnered with employee management company Smartgroup to extend the distribution of the lender’s financial wellness products to workforces across Australia.

Jul 26 2019

The non-major is the latest lender to announce changes to its home lending policy, amid a wave of revisions that could increase borrowing capacity by up to 23 per cent, according to a new ...

Jul 26 2019

RBA governor Philip Lowe has said that it is “reasonable” to expect an “extended period” of low interest rates, adding that it is “highly unlikely” that the central bank would consider hikes ...