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Economy

8 February 2018

The Productivity Commission estimates that lending curbs imposed by the banking regulator have cost Australian taxpayers $500 million a year, increased bank profits and reduced competition

8 February 2018

CBA chief Ian Narev repeatedly highlighted the “extremely strong growth” and “pretty low” barriers to entry of non-bank lenders during a recent media briefing.

7 February 2018

Housing completions in New South Wales are falling short of rising demand driven by population growth.

6 February 2018

Industry pundits have been left reeling by the Reserve Bank of Australia’s official cash rate decision announced today.

6 February 2018

The Reserve Bank of Australia has today announced the official cash rate for February following its monthly board meeting.

6 February 2018

The Reserve Bank of Australia has raised the cash rate for the first time in seven years.

6 February 2018

A leading economist has cited concerns over “extremely high” household debt and a potential rise in mortgage defaults as justification for a cash rate reduction.

6 February 2018

Economists and industry leaders all agree on what decision they believe the Reserve Bank will be making in its first cash rate call for 2018.

5 February 2018

Confidence in the national housing market has fallen, driven by low growth expectations in New South Wales and Victoria.

5 February 2018

US-based private equity players have picked the perfect time to enter the Australian mortgage market by capitalising on regulatory changes and tighter credit.