Economy

Oct 7 2016

Sydney home building has reached a 16-year high, but obstacles could still prevent “the Sydney economy from reaching its full potential over the long term”, a senior economist has warned

Oct 7 2016

Teachers Mutual Bank has announced that it will merge with a NSW-based credit union, as part of the bank’s ongoing “strategic growth strategy”.

Oct 7 2016

Confidence fell by more than two per cent last week, but still remains “well above its long run average”, a new report has revealed.

Oct 6 2016

ANZ, Commonwealth Bank of Australia, NAB and Westpac made $67.9 million in profit on home loans in August 2016 by delaying their cuts in interest rates, a professor of economics has ...

Oct 6 2016

Around 47 per cent of Australians with home loans are worried about meeting their repayments, research by a debt solution provider has revealed.

Oct 6 2016

The number of residential property listings rose across capital cities during the month of September, with Sydney and Melbourne leading the country’s strongest property markets, according to ...

Oct 6 2016

Around 74 per cent of parents continue to provide financial support to their adult, working-aged children, despite financial handouts from parents “occurring to a lesser extent”, a new ...

Oct 5 2016

The federal government has announced that it will make the manipulation of any financial benchmark a criminal offence, in a bid to “better protect Australians from the possible abuse and ...

Oct 5 2016

Capital city dwelling values rose by 2.9 per cent over the last three months, while rental yields have held at a “historic low”, a new report has revealed.