Economy

Listed non-bank lender Pepper has priced its $900 million Pepper Residential Securities Trust No 18 (PRS18) RMBS issue.

A judge has dismissed claims from a client that negligent advice from Commonwealth Bank-owned Count Financial resulted in the loss of their life savings.

The Commonwealth Bank has named its next group chief financial officer to replace the outgoing David Craig, who leaves the bank on 30 June 2017.

A recent report by a housing industry body has predicted that home renovations will become an increasingly important part of the residential building industry over the next few years.

A regional bank has today announced a 25 basis point rate increase to its variable rate investor home loans, pushing its new rate above 6 per cent.

The chief executive of one of Australia’s largest banks has outlined the group's distribution strategy following a multi-million investment in its mortgage business.

An ongoing weakness in consumer confidence is being driven by households’ concerns about both current and future economic conditions, according to fresh figures from ANZ.

A global ratings agency has revealed that the percentage of Australian mortgages in arrears increased at the end of the fourth quarter last year.

Ratings agency Moody’s has assigned a definitive rating to Bendigo and Adelaide Bank’s first RMBS transaction for 2017.

A 25 basis point out-of-cycle rate hike in owner-occupied mortgage rates could pressure the Reserve Bank to make another cash rate cut, according to a leading economist.