Economy

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 ...

The Reserve Bank has kept official interest rates sitting at 1.5 per cent ever since August 2016 which represents the longest period of cash rate stability on record.

Treasurer Scott Morrison has said that real market power needs to be put back in the hands of the customer.

Households will increasingly still have a mortgage once the occupants reach retirement age, a new report has predicted, which could lead to an uptick in downsizing.