Economy

There is simply “too much evidence” that a royal commission into the Australian banking sector is required, says former Labor federal politician Bernie Ripoll.

Property valuers are now calling the end of the Sydney real estate boom after years of double-digit price growth, claiming at the same time that the Melbourne market is reaching its peak.

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.