Economy

The head of a regional bank has used the group’s AGM to explain why changes in the official cash rate have little to do with the pricing of home loans.

One of the big four banks has appointed a distinguished former public servant to its board, effective immediately.

An independent report has found the banking industry is making good progress in its effort to implement its package of reforms – although some elements have fallen behind schedule.

Australia’s median residential land price has risen to a new peak, research has revealed.

The prudential regulator is requesting additional information from Australian banks after observing “a significant gap” in its ability to monitor mortgage lending and risk.

A non-major lender has said that there is “real financial value in home buyers doing their due diligence on new neighbours” before buying a home, after research found that four in five ...

A leading non-bank mortgage provider says it has seen a significant increase in demand for investor loans, helping its total originations more than double over the last 12 months.

After months of speculation and negotiation, a group of investors has been approved to take over a real estate portal.

ABA chief executive Steven Münchenberg has informed chairman Andrew Thorburn that he will be departing the industry organisation.

Controversial comments from social commentator Bernard Salt about “hipsters” spending money on eating “smashed avocado” instead of homes has given non-major bank ME's most recent home loan ...