Economy

A non-major lender has announced variable and fixed rate reductions to its owner-occupier home loan offerings.

The Commonwealth Bank’s owner-occupied lending portfolio grew by $1.4 billion in the month to 30 November outpacing its biggest competitors, according to APRA’s latest banking statistics.

Emergency services workers have been underserved by financial institutions, with almost half stating that they would like more support from their bank, according to new research.

The Australian housing market last year reached its weakest point since 2008, CoreLogic has said.

The kind of service Generation Z expects from brokers could differ from previous generations, in part because they were raised during a period of significant technological change, according ...

More than 900,000 interest-only (IO) home loans approved in 2014-15 will expire from this month, reverting to principal and interest (P&I) payments, according to an analysis by finder

Mortgage arrears are set to rise in 2019 off the back of softening market conditions, rising interest rates, and high household indebtedness, according to Moody’s.

The prudential regulator has announced that it has authorised a new Chinese-based bank to operate in Australia.

‘Tis the season of scams and there are three common ones to be especially wary of, warns Australia’s consumer watchdog.

New Zealand’s central bank is confident enough in the nation’s financial stability to pull back on lending restrictions from January for both owner-occupiers and investors.