Economy

Mortgagors are more satisfied with the broker channel than the direct-to-lender channel and would be more likely to use a broker in future, new research has revealed.

The financial services group has announced the appointment of a new non-executive director, with its CEO also assuming his board position.

Introducing more regulation is not the key to making lenders behave more ethically, according to a representative from The Ethics Centre.

A non-major lender has announced variable home loan rate increases of up to 15 basis points for new and existing mortgage rates. 

New inflation figures may force the RBA to “rethink” its monetary policy outlook amid weakness in several economic indicators, which could materialise in a 50bps cut to the cash rate, ...

The federal opposition needs to reveal its timeline for implementing proposed negative gearing reforms to ease the uncertainty of home owners and investors, the chairman of a property group ...

Macro-prudential measures imposed to address “systemic risks” in the mortgage market had no “undue” impact on the flow of credit, APRA has said.

Teachers Mutual Bank has received certification from the Responsible Investment Association Australasia (RIAA) for its mortgages, retail deposits and wholesale funding.

The wealth giant has revealed that its underlying profit dropped by more than 34 per cent to around $680 million in 2018, due to costs arising from the royal commission response, a portfolio ...

The chief economist of a building association has noted that new home building in Australia could be facing its “toughest year in almost a decade” with declining house prices and the fallout ...