Economy

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 ...

A recent report by a ratings agency has revealed the number of delinquent housing loans declined surprisingly in February, despite rising interest rates and seasonal effects.

A big four bank has announced that it has raised fixed interest rates on investor and interest-only home loans in a bid to meet its regulatory requirements.

The high level of interest-only mortgages in the Australian economy has led one global fund manager to flag negative equity risks for borrowers and question the effectiveness of ...

A recent survey has revealed businesses remain bullish on the property sector despite reporting higher funding costs and higher interest rates.