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Economy

21 March 2019

The banking sector has collectively recorded a sharp year-on-year contraction in new home loan settlements in light of tighter credit conditions and reduced demand for housing, new APRA data ...

21 March 2019

The ABA has launched a consultation on formulating a new guideline for how banks deal with vulnerable customers.

20 March 2019

A global market analyst has urged observers not to “overstate” the extent of the housing downturn, despite the RBA claiming that it has provoked “considerable uncertainty” in the market

20 March 2019

A big four bank has resumed business with the embattled residential property valuations firm, following a cyber attack that exposed the private information of financial services customers.

19 March 2019

Home loan interest rates can rise 43 to 52 basis points on average once fixed rate terms end, unless borrowers proactively negotiate, a new analysis has found.

19 March 2019

Almost three-quarters of Australians do not know their credit score, according to a new survey conducted by Finder.

18 March 2019

The downturn in national home values is two months away from becoming the longest correction in history, according to a CoreLogic analysis.

15 March 2019

A mortgage funder has succumbed to funding cost pressures, hiking variable mortgage rates by up to 15 basis points for both new and existing home loan customers.

15 March 2019

More than a quarter of financial service workers in Australia find their job “extremely stressful” and are less confident of their job security, new research has found.

14 March 2019

The CEO of the ASX-listed property valuations company has resigned in lieu of “major reputational” damage caused by a cyber attack that exposed the private data of financial services ...