Economy

Tightening lending standards and foreign buyer taxes have seen Chinese investment in Australia “decrease markedly from their peak”, an international property portal has said.

The head of the economics unit at BIS Oxford Economics has said that banks "know no one likes them" but would be subject to a huge backlash if they continue to increase standard variable ...

A “diverse banking sector” is essential for competition, but regulatory movements to limit investor lending have entrenched the major banks’ dominance, an industry association has said

Year-on-year numbers of dwelling approvals fell by 19.7 per cent between May 2016 and May 2017, according to seasonally adjusted figures from the Australian Bureau of Statistics.

Rich Australians with mortgage offset accounts are balancing out the nation’s record household debt levels, but poorer borrowers on interest-only mortgages are facing increasing risks, ...

Effective Friday, 7 July, the challenger bank is making a number of changes to variable rates across its home loan portfolio.

A Senate committee will consider further investigation into a “powerful driver of frontline behaviour” by bank staff that harmed employees and consumers and was missed by the Sedgwick review

Australian lenders have raised their loan books to $1.56 trillion, according to the latest figures from the Australian Prudential Regulation Authority.

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

A regional bank has today announced adjustments to its mortgage pricing to “address competitor movements and respond to regulatory caps on growth”.