Economy

Only a few weeks remain until the royal commission hands down its final report. Its recommendations could be deadly in the hands of overzealous politicians approaching a federal election.

The former executive general manager of ASIC has been appointed to review the Customer-Owned Banking Code of Practice.

The slowdown in housing market conditions has offset GST revenue gains generated by Australia’s state governments, according to Moody’s Investors Service.  

A rise in auction activity has coincided with a drop in clearance rates, according to the latest research from CoreLogic.

The home loan rejection rate is up 32 percentage points year-on-year in an environment of tightened lending standard, slowing credit growth, and falling property prices, according to new ...

Stagnant housing market activity is expected to prolong the stay of borrowers in arrears, with the forecast fall in home values to be among the sharpest in the world, Fitch Ratings has ...

The non-bank sector is expected to “lead the way” in 2019, after issuing more than 60 per cent of new home loans in 2018, according to Standard & Poor’s.

The volume and value of new residential buildings fell in the September quarter 2018, reflecting the “softening” housing market the HIA has said.

First home buyers have continued their surge into the home loan space, with their market share increasing to its highest level since 2012, according to an analysis of new ABS data.

The non-major bank has announced that it is now fully compliant with obligations under the mandatory comprehensive credit reporting regime.