Economy

A deposit bond provider has announced its re-entry into the Australian market after having to close shop temporarily.

S&P has downgraded its credit rating for AMP’s banking arm, citing damning revelations of misconduct aired during royal commission hearings.

The Reserve Bank has “misread” economic conditions, with a drop in the cash rate “highly conceivable” amid out-of-cycle hikes from lenders that could continue “within a few days”, according ...

The ratings agency has reported a higher than average quarterly rise in residential mortgage arrears and expects the trend to continue amid higher interest ratings, falling home prices and ...

A non-major lender has announced that it will be removing most of its transaction fees to gain a competitive edge in the marketplace.

The Northern Territory stands clear as the most affordable state or territory for home loans, according to data from PRDnationwide, but the number of first home buyers is increasing across ...

Responsible borrowing and spending need to be facilitated through context-driven financial literacy, according to the co-founder of Australian Mortgage Marketplace.

The digital lender has extended its contract with IRESS to process Xinja home loans as it prepares to expand into the mortgage market.

A former deputy CEO of a major bank has joined the boards of a non-major banking group.

Victoria’s vacancy rate has hit its lowest point since the REIV first began collecting vacancy rate data.