Economy

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.

The next pick-up in residential construction will be led by a spike in non-residential investment in the resource states of Queensland and Western Australia, according to a new analysis from ...

Marketplace lender Wisr has partnered with employee management company Smartgroup to extend the distribution of the lender’s financial wellness products to workforces across Australia.

The non-major is the latest lender to announce changes to its home lending policy, amid a wave of revisions that could increase borrowing capacity by up to 23 per cent, according to a new ...

RBA governor Philip Lowe has said that it is “reasonable” to expect an “extended period” of low interest rates, adding that it is “highly unlikely” that the central bank would consider hikes ...

The corporate regulator has confirmed that it will commence civil court penalty proceedings against the big four bank.