Economy

The ABA’s new banking code should be adopted by the broader lending industry, the banking industry body has suggested.

The recent fall in property prices has not been enough to reduce the proportion of income required to service a mortgage but has prompted a rise in first home buyer activity, according to ...

Most Australian women are unaware of the changes happening in the credit reporting system, according to a new study.

The investor exodus from the housing market is a “normal” part of the cycle, the average interest rate is lower year-on-year and housing credit “remains readily available”, according to the ...

If AI delivers on its promise, the quality of the products purchased by borrowers could be used to determine whether they would be able to repay their home loans, ANZ Bank said this week.

Saving for a home loan deposit could take nearly a decade in some parts of Australia, according to a new study.

The securities exchange has announced a new start date for the implementation of blockchain technology after an extensive consultation with industry insiders and stakeholders.

Industry pundits are divided over the benefits of honeymoon rates for borrowers, with some claiming that these encourage borrowers to assume more debt than they can afford.

A big four bank has admitted to breaching responsible lending obligations in its issuance of home loans and has agreed to pay a $35-million civil penalty.

The Reserve Bank has revealed its cash rate decision for September, announced against a backdrop of out-of-cycle rate hikes from lenders.