Economy

More than a fifth of Australian home buyers are exceeding their own spending limit when purchasing a property, according to a new ME research.

Prospa’s Australian small business loan asset-backed securities trust has become the first in Australasia to be assigned a rating.

Home loan arrears are expected to increase “moderately” through 2018, driven by a “softening” housing market, according to a Moody’s analysis.

The CEO of the Australian Banking Association has suggested that while the banks are undergoing “intense and relentless scrutiny” driven by three forces, there is a “once-in-a-generation ...

The proportion of broker-originated mortgages from non-major banks has increased by 15 per cent over the past five years, new data has revealed.

The “strengthening” of lending standards have helped reduce household debt, according to Reserve Bank governor Philip Lowe.

More than 215,000 homes would need to be built every year until 2050 if population and income growth continue on their current trajectories, a new report estimates.

Apartment projects accounted for more than a quarter of the combined value of development applications in March, a new report has found.

NAB has refuted suggestions that its recent move to fire 20 bankers from its credit risk department was linked to fraudulent activities brought to light during the royal commission.

A new survey has found that Aussie house hunters spend less time in the houses they intend to buy than they do commuting to work.