Economy

Reserve Bank governor Philip Lowe has said the central bank will be keeping a close eye on developments in credit and housing market conditions amid a sharp monthly decline in housing ...

Out-of-cycle rate rises are expected to continue, this time from the big four banks, according the majority of respondents to a new survey.

The Reserve Bank of Australia has announced its cash rate determination for the month of August.

Members of the finance and mortgage industry have voiced concern and frustration that they may have to pay two separate EDR membership fees this year, despite the ombudsman services merging ...

Increasing housing supply could improve affordability for first home buyers, according to the majority of respondents to a recent survey.

The NSW Premier is being called on to recognise that the state is facing a homelessness crisis that should be given the same urgency as a natural disaster.

The Productivity Commission has recommended that the Australian Competition and Consumer Commission be given an explicit mandate to monitor competition in the financial system.

The big four banks have been sharply criticised for “exploiting” their market power to the “detriment” of consumers in a new report by the Productivity Commission.

Moody’s Investors Service has warned that Australian mortgage delinquencies will rise over the next few years as a record number of interest-only loans are scheduled to convert to principal ...

A new report by a non-major lender has found that 56 per cent of households renting or paying off a mortgage are contributing over 30 per cent of their disposable household income towards ...