Economy

Mar 27 2017

A recent report by a housing industry body has predicted that home renovations will become an increasingly important part of the residential building industry over the next few years.

Mar 24 2017

A regional bank has today announced a 25 basis point rate increase to its variable rate investor home loans, pushing its new rate above 6 per cent.

Mar 24 2017

The chief executive of one of Australia’s largest banks has outlined the group's distribution strategy following a multi-million investment in its mortgage business.

Mar 24 2017

An ongoing weakness in consumer confidence is being driven by households’ concerns about both current and future economic conditions, according to fresh figures from ANZ.

Mar 23 2017

A global ratings agency has revealed that the percentage of Australian mortgages in arrears increased at the end of the fourth quarter last year.

Mar 23 2017

Ratings agency Moody’s has assigned a definitive rating to Bendigo and Adelaide Bank’s first RMBS transaction for 2017.

Mar 22 2017

A 25 basis point out-of-cycle rate hike in owner-occupied mortgage rates could pressure the Reserve Bank to make another cash rate cut, according to a leading economist.

Mar 22 2017

Ratings agency S&P Global has explained how its revised rating outlook for mortgage insurer Genworth could impact the ratings of residential mortgage bonds.

Mar 22 2017

AMP Limited chair Catherine Brenner has announced that Professor Peter Shergold AC will retire from the board at the conclusion of the 2017 annual general meeting on 11 May.