Economy

Australia's financial system is exposed to risks associated with high household indebtedness, which could “amplify and propagate an economic downturn, declines in housing prices and losses ...

The number of new units under construction in NSW is continuing to rise despite apartment building in Victoria and Queensland coming off the boil.

Lenders have acknowledged the benefits that access to data could bring to customers and the broader economy at a symposium recently hosted by the Australian Bankers’ Association.

The RBA has welcomed measures by APRA on interest-only loans, highlighting that strong investor credit growth could contribute to the amplification of cycles in borrowing and house prices.

After slumping to its lowest value since October 2015, consumer confidence jumped by 3.3 per cent in the week ending 9 April, driven up by improved expectations for economic conditions for ...

New research from a big four bank has indicated an overall healthy Australian economy, which appears to be gaining traction in the near-term.

A ratings agency has argued that new measures from APRA will only weigh on demand for property “at the margins” and household debt will continue to rise, potentially amplifying the economic ...

Homeloans Ltd subsidiary RESIMAC has priced a new residential mortgage-backed securities transaction, valued at $1 billion.

Given that a quarter of Australians are often financially unprepared for Easter, according to ME, the lender is giving away 50,000 free Easter eggs and a $1,000 reward to encourage the use ...

Treasurer Scott Morrison is keen to encourage superannuation funds to invest in affordable housing as a “longer-term fixed interest” asset class.