Economy

Non-bank lender Firstmac has completed a residential mortgage-backed securities issuance of $1.1 billion, bringing the total amount raised by the company this year to $3.5 billion.

Almost two-thirds of home owners are making improvements to their home ahead of the Christmas period, according to new research.

The property valuation firm has commenced operating under a new business name.

A big four bank has announced cuts to its variable home loan rates across both its owner-occupied and investment products, with its basic variable rate dropping to its “lowest level on ...

The government’s AOFM has appointed Challenger Investment Partners as the external investment manager to oversee the administration and portfolio maintenance of the new business ...

A new proposal made by APRA could see the financial data of banking institutions made publicly available, to an extent that greatly exceeds current data publication practices.

New Zealand’s central bank has introduced new regulatory requirements that would require Australia’s major banks to hold billions in additional capital.

The technology services provider has announced a new service that automatically validates customers’ identification documents against government databases, reportedly cutting down loan ...

The national turnaround in the housing market has injected Australia’s financial regulators with renewed confidence.

Home loan delinquencies declined over the past quarter and are set to continue falling in response to rate cuts, according to S&P.