Economy

Aug 6 2018

A new report by a non-major lender has found that 56 per cent of households renting or paying off a mortgage are contributing over 30 per cent of their disposable household income towards ...

Aug 6 2018

The Reserve Bank has kept official interest rates sitting at 1.5 per cent ever since August 2016 which represents the longest period of cash rate stability on record.

Aug 3 2018

Treasurer Scott Morrison has said that real market power needs to be put back in the hands of the customer.

Aug 3 2018

Households will increasingly still have a mortgage once the occupants reach retirement age, a new report has predicted, which could lead to an uptick in downsizing.

Aug 3 2018

More than 3.1 million Australians are dissatisfied with their main financial institution, and 2 million of which are looking to switch providers in the upcoming months, according to a new ...

Aug 3 2018

The national drop in “real” dwelling values sheds new light on Australia’s weakening housing market, as revealed by the latest CoreLogic report.

Aug 3 2018

AMP Bank has announced changes to its SMSF loan product, including the withdrawal of its interest-only package and interest rate increases on other variants.

Aug 2 2018

Growth in investor housing credit has fallen into negative territory for the first time since the global financial crisis, with year-on-year growth the slowest on record.

Aug 2 2018

The CEO of Aussie Home Loans has said that he expects home buyers will enjoy better buying conditions in the 2018–2019 financial year, with housing affordability improving on the back of ...