Economy

A global ratings agency has raised its long-term credit issuer rating of MyState Bank to ‘BBB+’ with a negative outlook, from ‘BBB’ with a developing outlook, based on an improved risk ...

Reduced activity in the housing industry could be partly to blame for the first quarterly contraction in Australia’s economy since 2011, the Housing Industry Association has suggested.

Investments from both Australian and offshore investors have contributed more than $1.3 billion to AMP Capital’s flagship unlisted property funds throughout 2016.

If you are still heading to a printer more than one or two times a day then you seriously need to think about reviewing not only your processes, but your entire business.

A big four bank has seen its investor loan book shrink over the 12 months to October, while its peers managed to grow investor home lending despite ongoing regulatory pressures.

Prime home loan arrears in the third quarter of 2016 were 25 per cent higher than the same quarter last year, due to lower wage growth, underemployment, and higher indebtedness, a leading ...

Another non-major bank will increase its standard variable interest rates on residential property loans next week.

The regional bank has today announced it will increase its variable interest rates on new and existing investor home loans by 15 basis points from next Tuesday.

The CEO of Australia’s largest member-owned mortgage provider says the group has no interest in distributing home loans through “price driven” online portals.

One leading economist believes the Reserve Bank could still cut the cash rate next year, despite recent speculation that the cash rate would rise in 2017.