Economy

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 ...

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.

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

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

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

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

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

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 ...

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.

The market has been caught off guard by the RBA’s cash rate decision.