Economy

The number of houses that sold for less than $400,000 across Australia has fallen to 31.2 per cent, down from 62.4 per cent in 2007, CoreLogic reports.

If you want to take your business to the next level, it’s important to take time out from the daily grind of paperwork, meetings and answering emails to work on growth strategies.

Online mortgage marketplace Joust has distanced itself from online broker models and defended its strategy to provide "non-advice-based" home loan distribution to the Australian market.

Almost three-quarters of people believe that investing in a house but continuing to rent elsewhere is a good strategy for those struggling to get into the market.

Teachers Mutual Bank and its subsidiaries have introduced a rate cut for certain owner-occupier home loans, two weeks after hiking interest-only rates by 50 basis points.

Credit Union Australia is looking to ramp up its digital banking experience through a partnership with US-based Pivotus Ventures.

A number of bank executives have shared their experience with online broker models and digital platforms that effectively auction borrowers to the lowest bidder.

A new study shows where Australians under 30 want to live, as well as the country’s most popular state or territory, by analysing mortgage applications.

The uncertainty in Queensland markets has led to the largest decline in medium-density housing approvals in four years, Bankwest has said.

Monitoring what “marginal” borrower groups are doing is more important to financial stability than the actions of “average” borrowers, the Reserve Bank of Australia has said.