Economy

Sharp interest rate discounting among lenders is proof of healthy competition in the mortgage market, according to the chief executives of ANZ and Westpac.

While affordability improved in the year to September 2019 for new home loan borrowers, affordability will decline again in 2020 as the market rebound picks up steam, Moody’s Investors ...

Auction volumes fell 41.5 per cent across capital cities last week, with the plummet driven by Melbourne’s spring racing season, according to CoreLogic.

The central bank has cut the cash rate for the fourth time in six months.

The central bank has announced its monetary policy decision for the month of November.

Industry stakeholders and economists believe the RBA will hold the official cash rate at 0.75 per cent this month, according to a Finder survey. However, there is widespread expectation for ...

New data shows national dwelling values rose 1.2 per cent throughout October, the biggest monthly gain seen since May 2015, according to CoreLogic.

The Federal Reserve has cut its funds rate for the third time in three months, undermining the RBA’s efforts to lower the Australian dollar.

The sale of newly built homes saw a 5.7 increase in September, the second consecutive month of growth in the sector.

The mutual bank intends to expand its reach in the business banking sphere, and will rely on the help of brokers to do so, its chairman has said.