Economy

Falling property prices have driven an increasing number of mortgage holders out of positive equity, according to new research from Roy Morgan.

Most borrowers are concerned that they’ll never be able to pay off their mortgage, according to the latest research from ING.

The central bank has warned that an increase in the non-bank sector’s market share could pose a threat to financial stability.

The head of Australia’s largest bank has been forced to confront the devastating impact the group’s misconduct has had on the wellbeing of its customers.

Firstmac managing director Kim Cannon has urged the mortgage industry to recognise the role that non-banks play in the prime lending space.

On the back of recent political party debates over Australia’s housing affordability plans, Starr Partners CEO Douglas Driscoll said that Labor’s plans to limit negative gearing to new ...

On average, across Australia’s capital cities, home loan arrears are highest in suburbs within 30 and 40 kilometres of the CBD, according to Moody’s.

A non-major lender has posted a net profit increase of 11.1 per cent, despite a $254.5 million decline in loan settlements.

New data has revealed that the number of data breaches in the financial services industry has tripled since 2016.

Remediation and royal commission costs, among other expenses, are set to place added pressure on a big four bank’s bottom line.