Economy

The latest interstate migration figures have revealed that a significant number of residents are fleeing Australia’s capital cities in search of affordable housing.

Higher capital requirements, tighter regulation and the high costs of adopting and implementing measures in response to commission outcomes are expected to have a significant impact on the ...

Home loan demand from investors has dropped by 9 per cent, the largest monthly percentage decline since 2015, new data has revealed.

Over half of Australians are unaware of a government initiative designed to assist first home buyers, according to new research.

The federal government is “out of touch” and should have addressed housing affordability in the 2018-19 budget, according to the Australian Greens.

A mortgage crackdown in the former British colony is creating serious consequences for borrowers and led to the emergence of a new breed of lender.

Virgin Money Australia has stated that the outcome of a foreign takeover bid initiated by a former NAB-owned lender will not impact the company.

The big four banks will struggle to maintain profitability as residential mortgage lending eases and compliance costs rise, according to Fitch Ratings.

The wealth giant has said that it will “vigorously defend” itself against the two shareholder litigation suits it has been served, but reiterates and reaffirms its “unreserved apology” for ...

Small business lender Prospa is expected to list on the ASX next month should its current capital raising and bookbuild efforts prove successful.