Economy

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 ...

The proportion of Australian residential mortgages that are more than 30 days in arrears has risen to “the highest level in three years” and will only “continue to rise”, a report has ...

Australia’s high level of foreign indebtedness represents a “very large vulnerability” for the major banks and the economy as a whole, says S&P Global.

JP Morgan has warned that widespread price discounting in the mortgage sector could soon end as the major banks face the task of preserving mortgage profitability.