Economy

Australia has retained its AAA rating from S&P Global Ratings in the aftermath of the federal budget, but the country will remain on ‘negative watch’.

The Australian Housing and Urban Research Institute (AHURI) has called for “targeted” government intervention to remedy “structural impediments” to the trickle-down of housing supply

The Australian Bankers’ Association says it is “shocked” by the federal government’s move to have major banks sign confidentiality agreements before releasing the draft of the bank tax ...

Bankwest has dropped its three-year introductory rate for owner-occupiers on one of its home loan products.

Australian parents say they’re worried about housing affordability, with the overwhelming majority “deeply concerned” about their children’s financial future.

A big four bank has moved its core processing to an offsite private cloud, in an effort to be “more agile” in meeting customer needs.

The Reserve Bank says the housing market requires “careful monitoring” and has warned of the impact of an apartment oversupply on the Brisbane property prices.

The government has agreed (or agreed in principle) with all but one of the 10 recommendations made by the House of Representatives’ standing committee on economics’ review of the four major ...

The CEOs of Australia’s major banks have sounded the alarm on rising funding costs as a direct result of the federal government’s levy, warning that customer lending will be impacted.

China continues to be the largest source of investment in Australia with the latest FIRB figures showing a surge in real estate applications over the 2016 financial year.