Economy

The number of properties sold for more than $1 million in 2017 was higher than ever before, according to new research from CoreLogic.

Westpac has announced that its current head of corporate & institutional distribution and origination, financial markets, is to become the new general manager for Asia Pacific.

Following last week’s erratic movements, home values are beginning to show signs of a general slide around the country, according to the latest CoreLogic data.

The neobank has flagged issues with its plans to break into the home loan market as it looks to become an ADI within the next few months.

Mortgage arrears jumped by 23 basis points in January, according to the latest figures from Standard & Poor’s.

Sydney’s property price growth has “slowed significantly” due to the effect that tightened lending conditions have had on credit demand from investors, according to the Australian Bureau of ...

A regional bank has announced that it will increase interest rates on all variable rate home and small business loans by up to 25 basis points.

ASIC’s new chairman has addressed what he believes are systemic issues throughout the finance industry.

Progressive think tank The Australia Institute has argued that the disparity between bank CEO pay and average weekly earnings is contributing to the uncompetitive nature of Australia’s ...

New research from Roy Morgan shows that home loan customers are more satisfied when they go direct to a bank rather than using a mortgage broker.