Economy

Mar 2 2018

Sydney dwelling values have experienced the largest drop in the country over the last quarter, according to the latest CoreLogic research.

Mar 2 2018

CUA chief Rob Goudswaard has said that the mutual’s half-year mortgage performance is consistent with the Productivity Commission’s observation that APRA’s curbs have negatively impacted ...

Mar 1 2018

The global banking sector, which has benefited from its “inertia” for decades, is under cost pressure as it attempts to reconcile legacy IT systems with a newly digitised front end, says ...

Mar 1 2018

A former Howard government minister will be appointed as chair of the Australian Financial Complaints Authority.

Mar 1 2018

CHOICE consumer advocacy group has urged the Productivity Commission to abolish lenders mortgage insurance, arguing that it does not provide any value to borrowers.

Feb 28 2018

A third of Australian borrowers believe that they might struggle to meet mortgage repayments if interest rates rose, according to new research.

Feb 28 2018

Several industry participants have voiced concern over mortgage stress and the rising risk of defaults, as wage growth fails to keep pace with the costs of living.

Feb 27 2018

The Minister for Revenue and Financial Services is calling on the states and territories to support an initiative to extend a financial literacy program for a further four years.

Feb 27 2018

The country’s largest mortgage lender will challenge ASIC’s claims against it in relation to trading that allegedly affected the bank bill swap rate.