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Economy

Major bank restructures executive team
1 March 2019
ANZ

ANZ Bank has announced changes to the management structure of its Australia business, designed to help the bank “better navigate the challenges facing the sector”.

New home building activity could fall 15% this year
1 March 2019
House construction

Residential building activity is expected to dwindle in the coming years as the housing market absorbs the record-high number of works completed in 2018.

‘Dip in market’ shouldn’t lead to ‘dip in policy’
1 March 2019
Sydney

The Property Council of Australia has expressed concern that the policy focus in NSW has shifted away from housing ahead of the state election, which could lead to a raft of problems down ...

IPA leads fight for small business productivity and wellbeing
28 February 2019
IPA leads fight for small business productivity and wellbeing

Promoted by The Institute of Public Accountants (IPA).Unless our productivity levels sharply improve, the standard of living we enjoy in Australia is clearly under threat.

Bank announces rate hikes of up to 40bps
27 February 2019
MyState bank

A non-major lender has lifted mortgage rates by up to 40 basis points in response to continued funding costs pressures.

Housing reforms to fall short of objective, finds survey
27 February 2019
Suburbs

Labor’s proposed changes to negative gearing and capital gains tax would discourage investor demand for new housing, according to new research.

Banks announces rate hikes of up to 40bps
27 February 2019
MyState bank

A non-major lender has lifted mortgage rates by up to 40 basis points in response to continued funding costs pressures.

Government urged to enhance FHB scheme
27 February 2019
Adrian Kelly

The Commonwealth government should expand its first home buyer scheme to further encourage property investment as a form of  wealth creation, according to the REIA. 

Labor calls for new bank levy to fund ‘Fairness’ scheme
26 February 2019
Tax calculator

The Australian Labor Party will look to introduce a new levy on ASX100-listed banks to fund more financial counsellors for those with banking disputes, among a range of other initiatives, ...

MyState profit dragged down by funding costs
26 February 2019
Melos Sulicich

The non-major bank has reported a 9 per cent fall in its underlying net profit, despite above system home lending growth.