Economy

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.

The ratings agency has outlined its new methodology for analysing reverse mortgage risks.

The non-major bank has announced the appointment of a new chair to replace long-serving chairman Robert Johanson.  

The recent shift in market sentiment won’t flow through to the residential construction sector until 2020, according to BIS Oxford Economics, with building approvals continuing to decline

An independent wholesale funder has committed to investing up to $100 million with a specialist commercial mortgage manager to help fund its portfolio of registered first mortgage loans.

The positive impact of APRA’s proposal to allow banks to set their own serviceability floors could be “offset” by other developments, such as changes to expense verification processes, a new ...

Home loan rates are on the chopping block, with lenders taking action ahead of four potential cuts to the cash rate.