Economy

Construction activity was weaker than expected in the first quarter of the year, hindered by a decline in residential building.

Pepper’s former chief executive has warned that the government’s plans to extend APRA’s prudential oversight to the non-banks could have serious unintended consequences, accelerating a ...

The federal government has conceded that it is keeping a close eye on the residential property market amid growing concerns over household debt levels and a drop-off in demand from Chinese ...

S&P’s decision to downgrade credit ratings for almost all Australian financial institutions, bar the four major banks, has been condemned by the the chief executive of a regional bank

Senior economists agree that interest-only loans do pose a threat to the nation’s banks after a report likened them to the sub-prime mortgages that triggered the financial crisis.

New research into the viability of a major Australian mortgage brokerage has flagged mounting challenges for the third-party channel.

Following announcements from the big four banks of the estimated costs of the new ‘big bank levy’, Deutsche Bank Australia has suggested that the tax rate may be too low to raise the $6

The chief executive of a regional bank has explained how the group is responding to increased regulatory action after reporting modest growth in its mortgage portfolio.

Andrew Harmos has been appointed to the AMP board as a non-executive director.

The number of delinquent housing loans underlying Australian prime residential mortgage-backed securities in March fell to 1.16 per cent from 1.23 per cent a month earlier, according to ...