Economy

The Reserve Bank announced its cash rate decision for the month of December this afternoon, catching most experts off guard as the property market continues to cool despite record low rates

The general manager of a customer-owned bank is confident that the lender can replicate the 26 per cent lending growth it reported over the past 12 months, as the bank continues its ...

The fall in home values across Sydney and Melbourne has continued to accelerate the slump in the Australian housing market, according to the latest data from CoreLogic.

Dwellings are taking longer to sell across the nation as the housing market continues to weaken, according to the latest CoreLogic data.

Aggregator systems and technological solutions are helping reduce the mortgage writing process and could help brokers demonstrate the work they do on an ongoing basis, the general manager of ...

A big advantage that “neobanks” have over the big four is that they are nimble and highly scalable technology companies focused on customer experience, according to the co-founder of Up

A rise in competition in the banking sector has been flagged by Standard & Poor’s as a “key risk” to mortgage quality in 2019.

A big four bank has collaborated with Microsoft to design a proof of concept cash machine that uses facial recognition, cloud and artificial intelligence technology.

The shareholders of a non-bank lender have supported a motion to change the group’s brand, which has coincided with the closing of a $750 million funding transaction.

Delinquencies underlying Australia’s prime residential mortgages have dropped but remained higher than the historical average, according to Standard & Poor’s.