Economy

The managing director of a bank that recently launched a new rate tracker home loan has said that he doesn’t believe this type of product should be mandated.

The Queensland government’s First Home Owner Grant, which was recently boosted from $15,000 to $20,000, has provided limited support where it is needed most, according to the REIQ.

A big four bank has said the Reserve Bank is likely to stay “on the sidelines” with regard to lowering the cash rate, in light of an improved outlook for the property sector and an overall ...

After being told what a royal commission into the banking sector would entail, two-thirds of Australians said that they would not support it, a new poll has revealed.

An increasing number of borrowers are opting to take out variable rate loans amid ongoing speculation about whether there will be another rate cut this year, new research has shown.

A “one-stop shop” for complaints across all financial institutions should be implemented to more effectively manage customer complaints both internally and externally, a leader of the ...

Firstmac has voiced surprise at ASIC’s latest warning for non-bank lenders to provide consumers with detailed information about the nature of offset features on loan products, to ensure ...

The Australian residential property market is expected to soften over the coming three years after the investor lending crackdown, with some markets at particular risk.

Close to four years of yield compression has pushed Sydney’s CBRE office yields to a historical, pre-GFC low — with potential to fall further, new research shows.

One of Australia’s largest LMI players has warned that any disruption to the steady flow of foreign buyer demand could have serious ramifications for the Australian property market.