Economy

The central bank has revealed its cash rate decision for December, following its monthly monetary policy board meeting.  

The central bank has surprised industry pundits, announcing a further cut to the official cash rate. 

The chief executive of a non-major bank has lamented the current regulatory environment, which she has claimed enables the major banks to dictate home loan pricing behaviour.

Regional banks are being “squeezed” by the regulatory advantages afforded to the major banks and non-bank lenders, according to Suncorp Group.

A sharp dip in residential dwelling approvals has sparked calls for policy reform amid fears that supply and demand imbalance would lead to further deterioration in housing affordability

Record-low property listings across Australia, coupled with rising buyer demand, have increased competition among buyers and contributed to price growth.

Property investors have responded to historically low interest rates by paying down their mortgage debt rather than funding new ventures, according to an industry stakeholder.

The online brokerage has partnered with real estate platform Soho, allowing users of the site to instantly check the competitiveness of their home loan rate.

Unconventional monetary policy is “extraordinarily unlikely”, RBA governor Philip Lowe has said, in response to growing speculation of a move towards negative interest rates or quantitative ...

The total value of construction activity fell over the past quarter, albeit below market expectations.