Economy

Unaffordable housing is leading to a permanent shift in property ownership, say senior economists from BIS Oxford Economics, and indeed several mortgage professionals have reported seeing a ...

A 12 per cent increase in owner-occupier home loans in 2016 has helped make ING DIRECT Australia’s “fifth largest retail bank in both household balances and mortgages”.

MyState Limited has announced that two of their directors will be retiring from its board later this year.

The US Federal Reserve’s decision to lift interest rates by 25 basis points will have knock-on effects for Australian mortgage holders, according to a credit union CEO.

HashChing is offering customers who settle a new mortgage through its platform a 25 per cent rebate off the premium of a one-year home insurance policy.

New capital requirements under Basel 4 could see property investors hit by rate hikes of up to 3 per cent, according to JP Morgan.

Macroprudential measures enacted since 2014 have put the four major banks in a position to cope with any future falls in house prices, according to the RBA.

The challenger bank today announced the appointment of experienced banking executive Kevin Potter as its new chief operating officer (COO).

Moody's Investors Service says that the performance of Australian prime residential mortgage-backed securities (RMBS) deteriorated in Q4 2016.

The Victorian government’s plan to change some requirements of residential zones will improve suburbs’ housing outcomes, according to the Housing Industry Association (HIA).