Economy

A chief banking representative has suggested that there is currently “not a viable market opportunity” for rate tracker mortgages in Australia, despite “more than 85 per cent” of home buyers ...

Australia’s largest building society has said that it will not be changing to a bank any time soon, as it wishes to keep its distance from the “negative stigma” attached to banks in the ...

In an extraordinary general meeting yesterday, the chairman of an ASX-listed non-bank lender explained how the company stands to benefit from a merger with one of Australia’s mortgage ...

Following the RBA rate cut in August and continued competition among lenders, home loan rates trended downward during Q1 with nearly 20 per cent of mortgages now with a rate of under 4 per ...

The leaders of the big four banks have given mixed responses to government over whether tracker mortgages, which are tied to the official cash rate, should be introduced in Australia.

One executive trainer says bank culture must change beyond the introduction of ping-pong tables, pizza days and height-adjustable desks.

The ME board has announced the appointment of Ms Elana Rubin, effective 4 October 2016.

Median selling prices for dwellings across the country “have not doubled over the past decade” despite overall price increases and a general belief that they have, a new report has revealed

A senior economist has discussed the potential ramifications of too low an official cash rate, and predicted that if the RBA cuts the rate in November, “it would probably be it”.

The CEO of Bank of Queensland has said that its Virgin Money Reward Me home loan product has driven a surge in mortgage applications and helped increase profit for FY16 amid “industry ...