Economy

The structure of the Australian economy will likely “continue to change” between 2017 and 2021, the central bank has said while warning that economic shocks will also occur.

A survey has uncovered the most popular Australian neighbourhoods for retirees and the average property value in each.

Australian banks need to improve their image and reputation in order to “win back consumers”, according to respondents of a new survey.

Market conditions slowed in Sydney while Hobart emerged as the country’s best-performing capital city based on growth in dwelling values over the past 12 months, according to CoreLogic's ...

Competition is about the “power of the customer” in a market, the federal treasurer has said, adding that that’s what he wants to “boost” in the banking sector.

The number of apartments approved for building has plunged by 29.5 per cent since July last year, the Australian Bureau of Statistics has reported.

The founder of McGrath Estate Agents has said that despite the Sydney housing market being “overvalued” compared to other areas, it has “no chance of a 40 per cent correction”.

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 ...

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.

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