Economy

A global investment bank says it “would not be surprised” if Australian borrowers are reclassifying their mortgages from investor to owner-occupier in an effort to avoid paying higher rates

Several Australian banks are overhauling how they offer consumer credit insurance (CCI) after the regulator found certain "weaknesses" within their CCI processes.

Higher mortgage rates, affordability barriers and tighter lending criteria are biting and, as a result, the Australian housing market is “losing steam”, CoreLogic has reported.

The Reserve Bank of Australia has made its official interest rate call for August following its monthly board meeting.

Australia’s central bank has delivered a shocking cash rate call following today’s monthly board meeting.

The Reserve Bank of Australia’s cash rate call made today has flummoxed industry pundits.

A major bank has won the Canstar Bank of the Year for First Home Buyers, while five separate institutions were labelled Customer-Owned Institution of the Year.

An increasing number of Australian householders are worried about their ability to repay and service their mortgages, new research has found.

The co-founder of neo-lender Australian Mortgage Marketplace has outlined where the group sits in the new order of APRA and ASIC-regulated mortgage providers.

A new report has revealed that the Perth property market has begun to enter its recovery period, which follows multiple articles Smart Property Investment has published about capitalising on ...