Economy

Oct 17 2016

After being told what a royal commission into the banking sector would entail, two-thirds of Australians said that they would not support it, a new poll has revealed.

Oct 17 2016

An increasing number of borrowers are opting to take out variable rate loans amid ongoing speculation about whether there will be another rate cut this year, new research has shown.

Oct 17 2016

A “one-stop shop” for complaints across all financial institutions should be implemented to more effectively manage customer complaints both internally and externally, a leader of the ...

Oct 14 2016

Firstmac has voiced surprise at ASIC’s latest warning for non-bank lenders to provide consumers with detailed information about the nature of offset features on loan products, to ensure ...

Oct 14 2016

The Australian residential property market is expected to soften over the coming three years after the investor lending crackdown, with some markets at particular risk.

Oct 14 2016

Close to four years of yield compression has pushed Sydney’s CBRE office yields to a historical, pre-GFC low — with potential to fall further, new research shows.

Oct 13 2016

One of Australia’s largest LMI players has warned that any disruption to the steady flow of foreign buyer demand could have serious ramifications for the Australian property market.

Oct 13 2016

A chief banking representative has suggested that there is currently “not a viable market opportunity” for rate tracker mortgages in Australia, despite “more than 85 per cent” of home buyers ...

Oct 12 2016

Australia’s largest building society has said that it will not be changing to a bank any time soon, as it wishes to keep its distance from the “negative stigma” attached to banks in the ...