Economy

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.

Mortgage rate cuts are on the cards after the Reserve Bank dropped the official cash rate for the first time in almost three years. 

The leader of the opposition has announced his shadow cabinet, which includes a reshuffling of the ministers in charge of finance, housing and small business.

The Reserve Bank will drop the official cash rate today for the first time in almost three years, according to 91 per cent of analysts surveyed by Finder.

ME has appointed a new chief financial officer to replace Gary Dickson, who is departing after six years at the non-major bank.