Economy

Eighteen per cent of Australians have been turned down for a home loan by a financial institution and nearly one in 10 have been rejected by a big four bank, according to new research.

Treasury has released a 20-page consultation paper on its Banking Executive Accountability Regime, referred to throughout by its acronym BEAR, giving the industry exactly three weeks to ...

The NAB-owned funder has today announced it will increase the interest rate on all new and existing variable rate interest only home loans.

An economic recession in the US in the next three to five years is “more likely than not”, says Pimco.

Mortgage marketplace HashChing has partnered with an e-conveyancing platform, in a move designed to make the entire home-purchasing process “pain-free”.

The latest CoreLogic analysis shows that medium-density housing has been the most popular kind of housing in the last five years.

Mortgage industry services provider MSA National and professional services giant EY have announced the completion of phase one of MSA’s robotics process automation (RPA) program.

An Australian bank will use artificial intelligence to assist customers in budgeting and reaching their home ownership aspirations.

Risks are rising for Australia’s largest mortgage insurer with one banking analyst warning that Australia’s “benign credit environment” won’t last forever.

Australia is now experiencing the bottom of the interest rate cycle and the second half of 2017 will be a “turning point” for the market, economists have predicted.