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Economy

10 October 2016

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 ...

10 October 2016

The announcement that the NSW government has brought the state “back in the black” should herald a stamp duty reduction plan to help first home buyers, a property association has suggested

7 October 2016

The specialist lender announced today that it has priced an $800 million non-conforming residential mortgage-backed securities deal, the largest in the Australian market since 2006.

7 October 2016

The Reserve Bank of Australia kept in line with market expectations this week and chose to hold the cash rate steady, but a cut could be on the cards for November, according to AMP Capital

7 October 2016

Sydney home building has reached a 16-year high, but obstacles could still prevent “the Sydney economy from reaching its full potential over the long term”, a senior economist has warned

7 October 2016

Teachers Mutual Bank has announced that it will merge with a NSW-based credit union, as part of the bank’s ongoing “strategic growth strategy”.

7 October 2016

Confidence fell by more than two per cent last week, but still remains “well above its long run average”, a new report has revealed.

6 October 2016

ANZ, Commonwealth Bank of Australia, NAB and Westpac made $67.9 million in profit on home loans in August 2016 by delaying their cuts in interest rates, a professor of economics has ...

6 October 2016

Around 47 per cent of Australians with home loans are worried about meeting their repayments, research by a debt solution provider has revealed.

6 October 2016

The number of residential property listings rose across capital cities during the month of September, with Sydney and Melbourne leading the country’s strongest property markets, according to ...