Economy

The Reserve Bank of Australia has said that the nation’s banks remain “well placed to address the risks they face” despite their performance having deteriorated from a “very strong position” ...

The chairman of one of Australia’s largest mortgage brokerages has slammed proxy advisers who recommended shareholders vote against the ASX-listed group’s remuneration package.

The Australian mortgage market is on track to deliver a record year of RMBS issuance, but investors are keeping a close eye on how changes to mortgage broker remuneration could impact credit ...

Australian house prices are facing a downswing over the next two years, but a crash in prices remains unlikely, according to a leading economist.

The non-major bank has announced changes to its retail home lending special offers, improving variable discounts for new customers.

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.