Economy

A new Prime Minister is set to assume office, with the coalition government’s prolonged leadership dispute drawing to a close.

Prime Minister Malcolm Turnbull has said that he “will not stand” as a candidate for the Liberal Party leadership if a spill motion is declared today.

The decline in national dwelling values has had little effect on the rate of home sales in the most affordable segment of the property market, according to the latest CoreLogic research.

The non-major lender has dropped interest rates on its variable owner-occupied and investment home loan offerings amid “intense” competition.

A recent poll has shown that wealth is a subjective term, with some Australians believing that being “wealthy” means you’re earning between $60,000 and $80,000.

The wealth giant has announced the permanent replacement of interim CEO Mike Wilkins.

The RBA’s assistant governor for financial system, Michele Bullock, has said that she is “disappointed” by the major banks’ slow progress with the New Payments Platform, but that she does ...

Funding cost pressures are set to continue, placing further pressure on smaller banks in a “very competitive” lending landscape, the CEO of a non-major bank has said.

Homeloans Ltd has entered into a “strategic partnership” with a Macquarie-backed fintech, which has been founded by two former NAB executives in a bid to take a “bigger slice” of the ...

The Australian Securities Exchange has announced that it has invested nearly $7 million into electronic property conveyancing and settlement venture Sympli Australia as part of a 50 per cent ...