Economy

May 23 2017

More than half of Australian mortgage holders would need to sell assets or rely on family and friends if they faced long-term unemployment, new research has revealed.

May 23 2017

Dentons has outlined that there are a number of “practical issues” that may arise from the proposed Banking Executive Accountability Regime, depending on what the regime eventually looks ...

May 22 2017

A foreign-owned bank has revealed that it researched the mortgage distribution strategies of its global network before deciding to return to the Australian broker market.

May 22 2017

Australia has retained its AAA rating from S&P Global Ratings in the aftermath of the federal budget, but the country will remain on ‘negative watch’.

May 19 2017

The Australian Housing and Urban Research Institute (AHURI) has called for “targeted” government intervention to remedy “structural impediments” to the trickle-down of housing supply

May 19 2017

The Australian Bankers’ Association says it is “shocked” by the federal government’s move to have major banks sign confidentiality agreements before releasing the draft of the bank tax ...

May 19 2017

Bankwest has dropped its three-year introductory rate for owner-occupiers on one of its home loan products.

May 19 2017

Australian parents say they’re worried about housing affordability, with the overwhelming majority “deeply concerned” about their children’s financial future.

May 18 2017

A big four bank has moved its core processing to an offsite private cloud, in an effort to be “more agile” in meeting customer needs.