Economy

Legislation introduced by the federal government to establish the National Housing Finance and Investment Corporation has passed both houses of parliament.

The Small Business Ombudsman has recommended that the private sector establish an investment fund to offer both loans and investment capital for SMEs to improve access to finance for small ...

An online mortgage marketplace has launched a crowdfunding campaign designed to raise equity earmarked for expansion, which includes capturing the low-deposit market.

The official cash rate has been cut by the central bank for the first time since August 2016. 

The official cash rate has been lifted for the first time in nearly eight years, surprising the majority of industry pundits. 

The official cash rate for July has been announced by the central bank following its monthly board meeting.  

For most people, it’s the biggest purchase they will ever make. But buying a home remains a relatively painful, complex process that leaves plenty of room for innovation and disruption.

The big four banks have committed to excluding hardship customers from their reporting of customer credit history as part of the new CCR regime.

New research from Morgan Stanley has found that the non-banks are growing their mortgage books at twice the rate of the big four as tighter lending standards continue to weigh on the majors

The financial services royal commission has heard the case of the Brauers, a Queensland-based cattle-grazing family, who testified that they were “nearly wrecked” by their bank.