Economy

The Reserve Bank of Australia has slammed claims that a recession is the only way for the Australian economy to improve, saying that recessions engender “destructive destruction”.

Homeloans Limited’s wholly owned New Zealand subsidiary RESIMAC Home Loans has priced a multimillion-dollar residential mortgage-backed security, the second issuance it has offered since ...

New data from property research analytics company CoreLogic suggests that when mortgage demand from investors falls, so too does the rate of value growth.

The Premier of South Australia has revealed that the state government has “set aside” its major bank levy, just minutes before the measure was due to be voted on for a second time.

The marriage law postal survey has thrown a light on the need to provide better financial support to the LGBTQI community, a subsidiary of a major bank has said.

The shareholders of Pepper Group Limited have overwhelmingly approved the scheme implementation deed for Red Hot Australia Bidco Pty Ltd to acquire all of Pepper’s shares.

Author, columnist and KPMG partner Bernard Salt has said that the growth rate in Sydney property prices since 2011 has been “quite extraordinary”, but believes that they “must plateau, or ...

Three players in the mortgage industry — including a bank, a peer-to-peer lender and a non-bank home loan lender — have received awards based on their consumer ratings.

Three-quarters of Australian home buyers believe that they have less time to make a property purchasing decision now than they did five years ago, a TicToc survey has found.

A mortgage veteran has joined his former Pepper colleagues Patrick Tuttle and David Holmes at SME lender Little Lease Company.