Economy

May 31 2019

The positive impact of APRA’s proposal to allow banks to set their own serviceability floors could be “offset” by other developments, such as changes to expense verification processes, a new ...

May 30 2019

Home loan rates are on the chopping block, with lenders taking action ahead of four potential cuts to the cash rate. 

May 30 2019

Expectations of cut to the cash rate from the RBA next week have triggered a rise in first home buyer activity, according to research from Finder.

May 30 2019

Indigenous Australians are continuing to be excluded from the financial system, with banks failing to provide adequate access to basic services and to understand different cultural attitudes ...

May 29 2019

A non-major lender has announced the retirement of its chairman and has appointed his replacement.

May 29 2019

Consumers are “upbeat” about market conditions amid expectations of a rate cut from the RBA and the “major sentiment shift” in the housing market, according to an ANZ analysis of new ...

May 29 2019

Just two weeks ago, with a Labor election win almost certain, analysts feared the housing slump would continue, but there are signs that the market is headed for a recovery.

May 28 2019

Bank satisfaction is “trending up” after taking a hit during and immediately after commissioner Hayne’s 11-month inquiry into financial sector misconduct, according to Roy Morgan. 

May 28 2019

Non-bank lender Firstmac has priced its largest residential mortgage-backed securities issuance at $1.4 billion.