Economy

The central bank has announced its cash rate decision for November following its monthly board meeting. 

A big four bank has reported a “flat” annual result, noting that while the value of mortgages continues to rise, it is continuing to see fewer people apply for its home loans.

Apartments in the east coast of Australia are expected to be up to 8 per cent cheaper by the end of 2019, according to the results of a new survey.

Consumer spending falls by 42 per cent during the Melbourne Cup race, according to data from Commonwealth Bank.

A non-major lender has reported mortgage portfolio growth of $6.2 billion in the 12 months to September 2018.

The CEO of a big four bank is committed to reducing “churn”, particularly in the home loan market, as he believes the concept “doesn’t make a lot of sense”.

Home values have continued to fall, driven by declines in Sydney, Melbourne and Perth, against a backdrop of falling housing approvals, according to research from CoreLogic and the ...

Australia is the most vulnerable developed nation to a debt-induced economic slowdown and could be facing a $700 billion wipe-out in household wealth, according to a new report.

A non-major lender has announced the retirement of a non-executive director from the bank’s board.

The Australian Financial Complaints Authority officially opens today, becoming the new, single point of contact for financial industry complaints.