Economy

Property sales rates were higher in Australia’s regional locations than in its capital cities, according to a CoreLogic analysis.

A non-bank lender has reported a profit increase of 10 per cent, driven by 15 per cent loan growth despite slowing credit and housing market conditions.

Personal finance approvals have increased against the backdrop of declining housing, commercial and lease finance approvals, according to the latest ABS data.

The wealth manager has appointed two non-executive directors to its superannuation boards.

Banks could tighten their credit policies further in the wake of the release of the financial services royal commission’s interim report, the Reserve Bank has said.

There has been a significant increase in calls to debt assistance services by seniors this year, including those struggling with their mortgage repayments.

ANZ will be the only major without a banking agreement with Australia Post, after being advised that its contract has been terminated.

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.