Economy

An Australian mortgage provider has announced the appointment of a new group chief executive.

A leading real estate group has challenged the NSW treasurer’s claim that the state government is improving housing affordability by focusing on new supply to put downward pressure on prices

The ASX-listed diversified financial services firm announced earlier this week that Apple Pay is now being offered to customers of its subsidiary card brands.

A non-major bank has today announced a range of changes across its fixed and variable rate home loans, including a 10 basis point cut to one of its products.

A leading Australian economist has predicted that the Reserve Bank of Australia will “reluctantly” cut interest rates next year, due to concern over house prices.

Australian banks need to refrain from using “negative and often self-serving rhetoric” in order to rebuild the community’s trust in the system, according to Westpac.

The asset quality of the big four banks is likely to come under pressure from “multiple headwinds” in 2017, says Moody’s Investors Service.

A regional bank has decided to increase its residential mortgage variable interest rate in response to rising funding costs.

Rental yields reached a new low in November across the nation’s combined capitals, new research has found.

The percentage of first home buyers in the owner-occupier market has plunged to the lowest level in a quarter of a century, a new report has revealed.