Economy

The prudential regulator has revealed its next move will be a review of lenders’ capital requirements, addressing the concentration in housing lending that has built up in the banking system

The Australian Housing Industry Association has welcomed new figures released by the Australian Bureau of Statistics, showing that new home approvals have reached a six-month record.

Forty-eight per cent of home loan holders in Australia are deeply concerned that being diagnosed with a serious illness could adversely impact their ability to service their home loans.

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.