Economy

Dec 5 2018

The chief executive officer and managing director of a non-major bank has resigned from his role to focus on his long-term health.

Dec 5 2018

Three of the big four banks have reported a decline in owner-occupied mortgage growth totalling $9.8 billion over the past 12 months, according to the latest data from the prudential ...

Dec 5 2018

A non-bank mortgage lender has announced that it has completed its inaugural Green Bond issuance and is looking to launch a new scheme that will offer borrowers incentives to take out green ...

Dec 5 2018

Over 60 per cent of home buyers who purchased their property over the last three years are worried about owning more than their home is worth, according to a new survey by ME.

Dec 4 2018

The Reserve Bank announced its cash rate decision for the month of December this afternoon, leaving most experts scratching their heads as the property market continues to cool despite ...

Dec 4 2018

The Reserve Bank announced its cash rate decision for the month of December this afternoon, catching most experts off guard as the property market continues to cool despite record low rates

Dec 4 2018

The Reserve Bank announced its cash rate decision for the month of December this afternoon, set against a backdrop of a property market that continues to cool despite record low rates. 

Dec 4 2018

The general manager of a customer-owned bank is confident that the lender can replicate the 26 per cent lending growth it reported over the past 12 months, as the bank continues its ...

Dec 4 2018

The fall in home values across Sydney and Melbourne has continued to accelerate the slump in the Australian housing market, according to the latest data from CoreLogic.