Economy

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.

The Australian Banking Association’s chief executive Anna Bligh has written to Scott Morrison MP, asking that he immediately release Treasury modelling of the $6.2 billion big four bank tax ...

If Australian Parliament passes legislation to extend the remit of the Australian Prudential Regulation Authority’s to cover non-banks, it would make RMBS deals less risky and “credit ...

Following the news that the federal government will provide $2.6 million to the Australian Prudential Regulation Authority to “apply controls” to the non-bank sector, several non-bank ...