Economy

Oct 25 2016

The prudential regulator is requesting additional information from Australian banks after observing “a significant gap” in its ability to monitor mortgage lending and risk.

Oct 25 2016

A non-major lender has said that there is “real financial value in home buyers doing their due diligence on new neighbours” before buying a home, after research found that four in five ...

Oct 24 2016

A leading non-bank mortgage provider says it has seen a significant increase in demand for investor loans, helping its total originations more than double over the last 12 months.

Oct 24 2016

After months of speculation and negotiation, a group of investors has been approved to take over a real estate portal.

Oct 21 2016

ABA chief executive Steven Münchenberg has informed chairman Andrew Thorburn that he will be departing the industry organisation.

Oct 21 2016

Controversial comments from social commentator Bernard Salt about “hipsters” spending money on eating “smashed avocado” instead of homes has given non-major bank ME's most recent home loan ...

Oct 21 2016

The proportion of Australian residential mortgages that are more than 30 days in arrears has risen to “the highest level in three years” and will only “continue to rise”, a report has ...

Oct 21 2016

Australia’s high level of foreign indebtedness represents a “very large vulnerability” for the major banks and the economy as a whole, says S&P Global.

Oct 20 2016

JP Morgan has warned that widespread price discounting in the mortgage sector could soon end as the major banks face the task of preserving mortgage profitability.