Economy

Aug 31 2017

The Banking Executive Accountability Regime would not only provide APRA with the power to remove directors and senior executives from their positions but could also subject them to bonus ...

Aug 30 2017

The release of a new report states that without any major changes to the property market, the lack of property supply is set to get worse.

Aug 30 2017

As regulatory crackdowns see other lenders cool off on interest-only lending, a non-bank lender has announced that it will increase its offering.

Aug 30 2017

The founder and executive director of McGrath Estate Agents has said that the Sydney real estate market is 40 per cent overvalued and “at least 95 per cent through its current cycle”.

Aug 29 2017

New data reveals that property owners are slowly but surely turning away from interest-only (IO) loans and towards principal and interest (P&I).

Aug 29 2017

The Australian Bankers’ Association has acknowledged that there is “more work to be done” to improve trust in the banking sector while announcing new industry benchmarks.

Aug 28 2017

Every Australian state and territory saw a fall in housing delinquencies over June, bringing the national average down to 1.15 per cent, the S&P Performance Index reveals.

Aug 28 2017

First-time buyers are increasingly turning to family members for help in accessing the market as housing affordability challenges bite, a non-major lender has said.

Aug 25 2017

The latest data from CoreLogic shows house sales over the last 12 months have been trending low, with experts pointing to affordability issues as the culprit.