Economy

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

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 ...

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).

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 ...

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.

The CEO of an online lending platform has expressed his concern over the implications for borrowers if Australia loses its AAA credit rating.

The high-rise driven construction boom is showing clear signs of a downturn, with recent research showing that approvals dropped sharply during the month of October.

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.