Economy

The RBA is more likely to cut the official interest rate than introduce a hike over the next 12 months, according to a leading economist.

Reserve Bank governor Philip Lowe is confident that Australia will experience stronger growth over the coming years but says house prices, rising debt levels and stagnant wage growth are a ...

The great Australian dream of home ownership could lose its lustre if rental agreements are able to provide a sense of stability, says a Deloitte partner.

At a recent conference, I listened to Andrew Inwood from CoreData. He raised a couple of terms which I have been pondering ever since, and what they will mean to the finance industry.

Australians are rapidly losing confidence in housing and property investors are starting to exit the market as regulatory measures, cooling prices and tighter credit begin to bite.

The chief financial officers of the major banks have reiterated that the banks may have to “charge higher prices” to their customers in a bid to cover the upcoming ‘big bank tax’.

Australians are more likely to spend time investigating the best deals for electronics than home loans, a new survey has found.

A new offshore funding source has enabled one non-bank lender to offer developers a lifeline as banks shy away from the sector and apartments fail to sell.

The question of how a disparity between “elevated” business conditions and a “disheartened” household sector will be resolved is “critical”, a business report has revealed.

The Australian Bankers’ Association has launched an industry-wide reference checking protocol that is aimed at weeding out ‘bad apples’.