Economy

Labor’s proposed changes to capital gains tax and negative gearing could hamper the capacity of borrowers to save up for their first home, an association has claimed.

A non-major bank has pledged to provide $3 billion of new credit to small businesses and “increase its appetite for lending with less security”.

The delinquency rate of prime residential mortgage-backed securities in Australia will continue rising in coming quarters, according to Moody’s latest outlook.

Risks associated with the effects of falling home values on mortgage serviceability are “not large enough” to pose a “widespread” threat to financial stability, according to the RBA

The disability housing sector is struggling to secure sufficient finance, with investors perceiving the market as “highly uncertain”, new research has found.

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 ...

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

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

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.

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.