Economy

Macroeconomic risks associated with the link between the fall in property prices and reduced household consumption have been raised by a senior Morningstar analyst.

Satisfaction in Australia’s banks has reported the first monthly improvement since the start of the financial services royal commission, according to the latest figures from Roy Morgan.

Australians are expected to be close to $30 billion-deep in debt off the back of record-high spending over Christmas, new research has revealed. 

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.