Economy

Apr 9 2019

AFSL and ACL holders will now be required to co-operate with the Australian Financial Complaints Authority in the resolution of disputes, following the introduction of new legislation.

Apr 8 2019

The continued decline in residential property values and out-of-cycle mortgage rate hikes from lenders have contributed to a drop in the value of household wealth, with the value of assets ...

Apr 8 2019

The central bank is confident in the resilience of the economy and financial system despite the recent housing market adjustment leading to declines in house prices in the major cities, a ...

Apr 8 2019

The wealth giant has named five new appointees to its wealth management division leadership team.

Apr 5 2019

The Australian Labor Party has released its plans for its own budget for 2019-20, outlining a range of new initatives and tax cuts it would seek to bring in should it be elected into power

Apr 5 2019

Calls for the ALP to scrap its housing plans have intensified, with new polling revealing that most Australians do not support the changes.  

Apr 4 2019

Australia’s central bank will be compelled to drop the already record-low official cash rate to 0.5 per cent within the next two years, an economist has claimed.

Apr 4 2019

Dwelling approvals bounced in February, according to the latest ABS statistics, splitting opinion among analysts regarding the longer-term trajectory of dwelling approvals.   

Apr 4 2019

A customer-owned bank has been trialling the delivery of an entirely digital mortgage process in partnership with a law firm.