Economy

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.

Residential vacancy rates in Sydney have remained stable despite fears of a downturn in the NSW capital’s housing market.

The construction of residential properties in the latter half of 2017 defied expectations of softening activity, with the Housing Institute of Australia predicting that the best is yet to ...

The latest independent governance expert’s report on the Australian banking industry’s package of reforms has confirmed that the industry has begun to implement initiatives to address ...

HSBC Australia chief economist Paul Bloxham has said that a wave of global growth is gaining momentum and should support Australia’s economy in a number of ways.

Mortgage professionals are blaming tighter credit and increased stamp duty for the significant slowdown in residential property demand among Chinese buyers.

The Australian housing market is continuing to “slip”, according to a new report from analysts at investment bank UBS.

Trust in the banking sector has improved, according to the latest Edelman Intelligence survey commissioned by the Australian Bankers’ Association.