Economy

Banking technology provider Sandstone Technology has announced the appointment of Julian Blackley as the group’s new CEO.

The volume of residential lot transactions dropped “sharply” during the December quarter, which according to the Housing Industry Association has placed upward pressure on land prices.

While housing activity is likely to “correct sharply” and prices will cool, the market is not heading for a ‘crash’, says an investment bank.

Labor has promised to ban direct borrowing by SMSFs as part of its new housing affordability package.

The latest upward move in the country’s CPI data has brought it to above 2 per cent year-on-year, which a senior economist says will “certainly be welcomed” by the RBA ahead of its monthly ...

Banks’ ratcheting up of interest rates is not due to funding costs as they claim, the RBA has underscored at its latest monetary policy meeting.

The major bank has entered an agreement with Shinhan Bank Vietnam to sell its Vietnamese retail business.

The major lender has been called out by a parliamentary inquiry as the most “constructive” of the big four banks after agreeing to a number of significant reforms to boost competition and ...

Bank lending to property investors has increased steadily since early 2016 despite efforts to tighten lending standards, says the Reserve Bank of Australia.

Most capital city housing markets have been experiencing “buoyant growth”, according to Domain, with a 10.2 per cent annual increase in the national median house price bringing it to over ...