Economy

Sydney and Melbourne could be faced with a labour shortage across the health, education and emergency services sectors as a result of elevated housing prices, new research has found.  

AFSL and ACL holders will now be required to co-operate with the Australian Financial Complaints Authority in the resolution of disputes, following the introduction of new legislation.

The continued decline in residential property values and out-of-cycle mortgage rate hikes from lenders have contributed to a drop in the value of household wealth, with the value of assets ...

The central bank is confident in the resilience of the economy and financial system despite the recent housing market adjustment leading to declines in house prices in the major cities, a ...

The wealth giant has named five new appointees to its wealth management division leadership team.

The Australian Labor Party has released its plans for its own budget for 2019-20, outlining a range of new initatives and tax cuts it would seek to bring in should it be elected into power

Calls for the ALP to scrap its housing plans have intensified, with new polling revealing that most Australians do not support the changes.  

Australia’s central bank will be compelled to drop the already record-low official cash rate to 0.5 per cent within the next two years, an economist has claimed.

Dwelling approvals bounced in February, according to the latest ABS statistics, splitting opinion among analysts regarding the longer-term trajectory of dwelling approvals.   

A customer-owned bank has been trialling the delivery of an entirely digital mortgage process in partnership with a law firm.