Economy

Dec 28 2018

New Zealand’s central bank is confident enough in the nation’s financial stability to pull back on lending restrictions from January for both owner-occupiers and investors.

Dec 27 2018

The “manufactured” downturn in the credit and housing market is set to continue in 2019 with no signs of easing, according to CoreLogic.

Dec 27 2018

The psychology of the credit and housing market has flipped from perpetual optimism to one of caution, with a sharper slump in sentiment likely to ensue if further regulation is introduced, ...

Dec 24 2018

Australians are prepared to miss out on their dream home if it means living in an ideal location, according to new research from a non-bank lender.

Dec 24 2018

A new Australian fintech is set to enter the mortgage market in the new year once it completes its acquisition of a UK-based non-bank lender.

Dec 24 2018

Most mortgage holders won’t cancel or downgrade their holiday plans, even if interest rates rise by 25 basis points, according to new research.

Dec 20 2018

The non-major lender has announced that a former Westpac state manager has been appointed as HSBC Australia’s new head of retail banking and wealth management.

Dec 20 2018

A non-major bank has announced the appointment of its inaugural chief technology officer and a former Commonwealth Bank executive as its new chief financial officer.

Dec 19 2018

A digital “neobank” is intent on challenging Australia’s “entrenched major banks” after securing a restricted banking licence from the prudential regulator.