Economy

The New Zealand-based financial services group has appointed a new chief financial officer.

The central bank, APRA and the banking industry are considering reducing a key mortgage measure as an alternative to a cash rate cut, financial economist and former government adviser ...

There are many factors placing pressure on Australia’s central bank to drop the official cash rate to a new record low, but it would not be surprising if it continued to remain on hold, ...

AMP Bank has reported a $127 million increase in its loan book in the first quarter of 2019, as its parent company continues its transformation in the aftermath of the banking royal ...

While dwelling values continued on their downward slide in April, new CoreLogic data shows that the pace of decline has been slowing.

National home loan delinquencies increased in February, but the rise was partly offset by reductions in the arrears rate in some states and territories, new S&P data has revealed.

The median house price in Sydney has taken a steep 14.3 per cent dive in the March quarter compared to the mid-2017 peak, new data shows.

A long-awaited monetary policy adjustment from the central bank may not be as “effective” as desired, according to one senior economist.

Urgent calls for government to provide more affordable housing have been issued after a new report found that just two rental listings in the whole of Australia were suitable for single ...

National dwelling values have now suffered a peak-to-trough fall of over 7 per cent, with sharp declines across the country’s capital partly offset by resilient regional markets.