Economy

The New Zealand-based banking group’s proposed restructure will see its burgeoning Australian reverse mortgage business freed from the central bank’s capital requirements and poised for ...

Borrowers paying lenders mortgage insurance should be offered more choice and ASIC should intervene to safeguard their interests, according to the Productivity Commission.

Legislation banning most foreign buyers from purchasing existing residential property in New Zealand has passed its third and final reading in New Zealand Parliament.

The central bank’s cash rate outlook will not be swayed by the latest rise in the wage growth index, according to analysts.

The draft legislation that is expected to underpin Australia’s new Consumer Data Right (CDR) has been released for public review and feedback.

Australians would rather do their taxes or sit in traffic than boost their financial data security, a new survey has revealed.

First home buyers could be exposing themselves to “significant risk” as they dip into the housing market in increasing numbers, according to CoreLogic’s head of research Cameron Kusher

The Australian government has revealed its nomination for the role of executive director at the International Monetary Fund.

Former prime minister John Howard has called on the financial services royal commission to “bear in mind the stability and contribution” of the banking sector before making its determination

A regional bank has revealed its full-year 2018 financial results, reporting a fall in residential mortgage settlements amid “challenging” conditions.