Economy

Chifley Securities has revealed its list of “high-risk” suburbs and “no-go zones” for financing residential developments. 

The inflation rate has risen above expectations in the June quarter, which, according to analysts, will make life easier for the Reserve Bank’s monetary policy board.

The recent spike in housing market sentiment could be luring speculators into a “bull trap” with the dwelling values to continue falling, according to analysts.

Teachers Mutual Bank has announced a range of updates to its existing mortgage product fees and charges, as well as the introduction of new valuation fee, following a review of its offerings

Recent political and economic stimulus is “yet to flow through” to building approvals, with the ABS reporting a unit-led decline in its latest statistics.

The Australian Financial Complaints Authority has appointed Dr June Smith as its deputy chief ombudsman, reporting to David Locke.

A non-bank lender has eased its serviceability assessment policy, in tandem with its ADI peers.  

Investors and owner-occupiers are both benefiting from the current low-rate environment, with refinancers particularly flocking to the market, new data has shown.

SME lender Judo Bank has raised $400 million in its second-round equity raise, double its initial target of $200 million.

The federal government has revealed that it has collected over $1 billion as a result of its efforts to prevent foreign property investors from evading capital gains tax.