Economy

Sydney dwelling values have experienced the largest drop in the country over the last quarter, according to the latest CoreLogic research.

CUA chief Rob Goudswaard has said that the mutual’s half-year mortgage performance is consistent with the Productivity Commission’s observation that APRA’s curbs have negatively impacted ...

The global banking sector, which has benefited from its “inertia” for decades, is under cost pressure as it attempts to reconcile legacy IT systems with a newly digitised front end, says ...

A former Howard government minister will be appointed as chair of the Australian Financial Complaints Authority.

CHOICE consumer advocacy group has urged the Productivity Commission to abolish lenders mortgage insurance, arguing that it does not provide any value to borrowers.

A third of Australian borrowers believe that they might struggle to meet mortgage repayments if interest rates rose, according to new research.

Several industry participants have voiced concern over mortgage stress and the rising risk of defaults, as wage growth fails to keep pace with the costs of living.

The Minister for Revenue and Financial Services is calling on the states and territories to support an initiative to extend a financial literacy program for a further four years.

The country’s largest mortgage lender will challenge ASIC’s claims against it in relation to trading that allegedly affected the bank bill swap rate.

Homeloans Limited settled $2.2 billion of loans over the six months to 31 December 2017 after gaining access to a larger broker distribution network.