Economy

The Minister for Revenue and Financial Services, Kelly O’Dwyer, has announced the appointment of new members to the Australian Government Financial Literacy Board.

A new report by the Australian Housing and Urban Research Institute (AHURI) has found that negative gearing is not responsible for high home prices.

The Mortgage Business Uncut podcast is your weekly analysis of the biggest themes shaping the Australian mortgages market.

The Bank for International Settlements fears that the longer-term profitability of the global banking sector could encourage lenders to engage in risk-taking and excessive leverage.

According to S&P Global Ratings, Australian mortgage arrears fell nationwide in November, with arrears in New South Wales and Victoria the lowest they’ve been in two years.

An industry body has urged the Berejiklian government to “embrace progress” and advance its policy agenda to boost housing affordability.

Australia has no affordable housing markets, and Sydney is the second least affordable housing market in the world, a new report analysing 293 housing markets has found.

A major real estate group is confident that the next five years will see Millennials eclipsing the real estate spending power of Baby Boomers, with 66.1 per cent of those born between 1982 ...

According to new data, overall credit card debt has fallen for only the third time in Australian history.

A senior economist has called for state governments to remove “inefficient” stamp duty taxes in order to ease housing affordability issues.