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Economy

8 December 2016

A real estate veteran has criticised Mike Baird for calling for changes to negative gearing, urging the NSW premier to direct his attention to stamp duty and land tax instead.

7 December 2016

Recent decisions made by the major banks to lift their fixed-rate mortgages suggest that variable rate hikes are on the way, according to mortgage comparison site RateCity.

7 December 2016

Following its decision to leave rates on hold yesterday, the Reserve Bank of Australia says conditions in the housing market have strengthened overall.

7 December 2016

The ASX been appointed to administer the bank bill swap rate following a tender process by the Australian Financial Markets Association (AFMA).

6 December 2016

The Reserve Bank of Australia has delivered the decision of its final monthly board meeting of the year.

6 December 2016

A specialist lender has acquired a non-major bank’s business banking portfolio, including commercial and asset finance books valued at $240 million.

6 December 2016

The Reserve Bank is likely to keep the official cash rate at its historic low of 1.50 per cent when the board meets today but move on rates next year, a mortgage comparison site has ...

6 December 2016

Declining investor sentiment across Asia has driven a 0.3 point drop in global investor confidence, according to the State Street Global Exchange Investor Confidence Index (ICI).

5 December 2016

Futures markets have signalled multiple RBA rate hikes over the coming years, suggesting the “overvalued” property market is in for a “reckoning”, according to a leading economist and fund ...

2 December 2016

The CEO of a big four bank has admitted that the group will hike rates out-of-cycle in the future and warned that there are “emerging signs of stress” in Australian mortgages.