Economy

APRA's recent tightening on interest-only loans is likely to “have a bigger impact on lending to owner-occupiers than on investors”, according to ratings analysts.

A big four bank has announced that it will be the first Australian lender to introduce voice biometrics to improve the security on mobile devices while processing higher value transactions

A Queensland-based bank has announced that reference rates for investment home loans will increase by 13 basis points from tomorrow, and the maximum LVR on new investment loans will decrease

The Reserve Bank of Australia has revealed the decision of today’s monthly board meeting.

The Reserve Bank of Australia has stunned industry pundits with the decision of today’s monthly board meeting.

The Reserve Bank of Australia has stunned industry pundits with the decision of today’s monthly board meeting.

The Reserve Bank is likely to keep the official cost of borrowing at its record low of 1.5 per cent when it meets today, according to a chief economist and a property industry executive.

The “implications of prudential policy on capital pressuring prices” is the biggest concern for the mortgage market in 2017, according to new research from financial services provider ...

A major bank forecasts headline CPI for Q1 to rise to 2 per cent, however expects core inflation to remain below the policy target band and not return to target until mid-2018.

The Australian Bankers’ Association has voiced its support for the majority of recommendations made by the independent review of the Code of Banking Practice.