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Economy

10 June 2019

Adviser Ratings is looking to raise capital to fund current and future product initiatives aimed at improving conduct and compliance in the wealth management industry.

7 June 2019

Home loan repayment pressures have subsided, with the share of income required to service a mortgage falling to the lowest level since 2016, according to joint research from ANZ and ...

7 June 2019

The Bank of Queensland has announced that it has hired the former CEO of Westpac’s consumer bank as its new chief executive officer and managing director.

7 June 2019

A neobank CEO has encouraged home loan customers to build a buffer by pocketing savings generated by lower mortgage rates amid weakening economic conditions.

7 June 2019

An AMP executive has urged pensioners to consider not just the benefits, but also the drawbacks, of reverse mortgages.

6 June 2019

Dwelling investment has fallen for the second consecutive quarter, with the decline among several headwinds dampening GDP growth.

6 June 2019

Housing affordability pressures have eased but first home buyers have not reaped the rewards, according to new research.

6 June 2019

The Customer Owned Banking Association has slammed Treasury’s proposed revisions to bank levies, describing the changes as “grossly unfair”.

5 June 2019

The lower cash rate “should be fully passed through to variable mortgage rates”, Reserve Bank governor Philip Lowe has said, noting that banks have room to move following the fall in ...

5 June 2019

While regional markets have not felt the full brunt of Australia’s housing slump, they were not immune to declines in sales activity, a new CoreLogic report has concluded.