Economy

Yellow Brick Road has announced the sale of its legacy wealth business as it focuses on its existing network of YBR branches and Vow mortgage brokers.

The chief financial officer of an Australian bank has claimed that the lender had no choice but to hike interest rates on its mortgage products in order to offset the “substantial effect” of ...

The financial services royal commission has heard evidence of further wrongdoing from several lenders, including three major banks, as the public inquiry into the sector continues.

A handful of young Australians working in the mortgage and finance industry have been recognised for their excellence at the inaugural Young Leaders in Finance Awards.

Australia’s non-ADIs have been “making hay” off tighter lending conditions, but their appetite for interest-only and non-conforming loans carry risks, according to a mortgage market analyst

Australia’s property market slowdown is set to continue over the coming years, with a particularly challenging outlook for the Sydney apartment market, according to BIS Oxford Economics.

Two lenders have announced rate changes on their home loan offerings, with rises of up to 40 basis points.

The federal government has announced the appointment of the inaugural chair of the National Housing Finance and Investment Corporation.

An alternative funder of residential property developments is confident that Australia’s banks will never again offer mezzanine funding for real estate assets.

The international banking and financial system is rendering the Reserve Bank’s use of the cash rate mechanism obsolete, according to a mortgage industry analyst.