Economy

Jan 22 2019

The former executive general manager of ASIC has been appointed to review the Customer-Owned Banking Code of Practice.

Jan 22 2019

The slowdown in housing market conditions has offset GST revenue gains generated by Australia’s state governments, according to Moody’s Investors Service.  

Jan 22 2019

A rise in auction activity has coincided with a drop in clearance rates, according to the latest research from CoreLogic.

Jan 21 2019

The home loan rejection rate is up 32 percentage points year-on-year in an environment of tightened lending standard, slowing credit growth, and falling property prices, according to new ...

Jan 18 2019

Stagnant housing market activity is expected to prolong the stay of borrowers in arrears, with the forecast fall in home values to be among the sharpest in the world, Fitch Ratings has ...

Jan 18 2019

The non-bank sector is expected to “lead the way” in 2019, after issuing more than 60 per cent of new home loans in 2018, according to Standard & Poor’s.

Jan 18 2019

The volume and value of new residential buildings fell in the September quarter 2018, reflecting the “softening” housing market the HIA has said.

Jan 18 2019

First home buyers have continued their surge into the home loan space, with their market share increasing to its highest level since 2012, according to an analysis of new ABS data.

Jan 17 2019

The non-major bank has announced that it is now fully compliant with obligations under the mandatory comprehensive credit reporting regime.