Economy

The Australian government has decided to reinstate the Australian Building and Construction Commission (ABCC), marking an “important achievement” for the building industry and economy, ...

LJ Hooker’s managing director Grant Harrod has dismissed reports claiming that the iconic real estate network will list on the ASX.

A regional bank chairman has expressed concerns about the potential impact of rate hikes on the housing market and the ability of highly leveraged households to service debt.

Potentially higher interest costs and volatile foreign exchange rates represent the top credit risks for Asia-Pacific going into 2017.

Fresh figures have shown new home sales fell to their lowest volume since July 2014 during the month of October.

The Australian Competition and Consumer Commission has issued a draft determination proposing, on balance, to deny authorisation to three major banks and one regional bank to collectively ...

After a sharp drop in the previous week, consumers’ view on the economic outlook in the next five years edged higher in the week ending 28 November.

Australia’s 25-year recession-free stretch could come to an end if low rates continue to accelerate house prices and subsequently weaken demand and construction activity, according to the ...

The latest quarterly ADI performance statistics from APRA reveal a significant fall in the return on equity for all Australian banks over the year to 30 September.

Major financial services company AMP Limited has announced a series of changes to its senior leadership team, which will see three executives leave the organisation.