Economy

Sep 1 2016

Total dwelling approvals in July 2016 rose by 11.3 per cent (in seasonally-adjusted terms) to 20,987 dwellings, largely due to a 23.4 per cent rise in buildings such as apartments, according ...

Sep 1 2016

Australia’s customer-owned banking sector has reached $100 billion in total assets, the latest quarterly figures from APRA have shown.

Aug 31 2016

A new home loan distribution platform that bypasses mortgage brokers aims to replicate the success it has achieved in South Australia by entering new markets.

Aug 31 2016

SMSF practitioners should advise their clients to act with caution, with the ongoing monetary stimulus from the central banks resulting in inflated valuations, says an economist.

Aug 30 2016

House price growth and “record household debt” in New Zealand amid a period of “subdued” wage growth is “raising the risks to the banking system's financial stability”, a new report by ...

Aug 30 2016

New research by Investment Trends shows the proposed life insurance reforms have already hit advisers’ revenue, with half saying they have stopped writing new insurance business in the past ...

Aug 30 2016

New data has revealed that construction work fell sharply in the second quarter of the year due to the unwinding of the record surge in mining investment.

Aug 29 2016

Mortgage broking firm Mortgage Choice has announced that its loan book rose by 4.4 per cent to $51.7 billion in the financial year ending 2016, the first time the loan book has surpassed the ...

Aug 29 2016

A Galaxy Research study has found that 7 out of 10 Australian households are experiencing mortgage stress in meeting their monthly home loan repayments, with 454,000 households reporting ...