Economy

The chief executive of Financial Counselling Australia has said that mortgage stress is contributing to Australia’s “debt hangover”, and warned that rising interest and unemployment rates ...

A non-major lender has announced that the variable interest rate for existing owner-occupied home loans and business loans will rise by 10 basis points, effective immediately.

Fresh figures from CoreLogic have revealed that the turnaround time for Melbourne dwellings has fallen to a historic low of just 29 days.

New research from CreditSimple.com.au reveals that Australians don’t know they can get better deals from banks, energy providers and telcos, and could collectively be missing out on up to ...

A non-major bank has had its net interest margin squeezed by seven basis points over the second half of 2016 amid challenging market conditions.

An online property agency believes Melbourne is more likely to face an undersupply of new apartments rather than an oversupply due to its rapidly growing population.

A former home finance manager who worked for a big four bank has been sentenced to three years' imprisonment after pleading guilty to dishonest use of his position.

One of Australia’s largest mortgage insurers has revealed that it will redefine its core business model amid challenging market conditions and the potential loss of major clients.

Industry super fund-owned bank ME has said that the Reserve Bank of Australia may still cut official cash rates later this year to address “low income growth and low job availability ...

The rising cost of housing in Melbourne and Sydney is “partly to blame” for an increase in young Australians’ pessimism about their financial and emotional wellbeing.