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Economy

3 October 2016

The proportion of national dwelling loss-making resales has increased over the quarter, despite that fact that “9 out of 10 homes resold for more than their previous purchase price”, a ...

30 September 2016

In a move to push “better geographical diversification”, Bendigo and Adelaide Bank has acquired a portfolio of approximately $1.35 billion of standard residential loans from Western ...

30 September 2016

A senior economist has forecast that there is little risk of oversupply in Sydney’s inner area and suburbs, despite the high-density building boom.

30 September 2016

Non-bank lender Firstmac has priced a $600 million residential mortgage-backed securities issue in a transaction that is $100 million larger than its previous one.

29 September 2016

One of the nation’s largest mutual lenders has described how its model helped borrowers without the “negative consequences of the profit-maximising culture of the four major banks”.

29 September 2016

Sydney ranks fourth among global cities most at risk of a housing bubble, recent research has revealed.

29 September 2016

Relying on two incomes to repay home loans presents “a potential risk [of] ‘mortgage stress’”, new research has suggested.

29 September 2016

One of the big four banks has completed and upsized its capital notes, raising almost $1.7 billion of additional capital.

28 September 2016

The Reserve Bank of Australia should be getting more help from the government in trying to boost the economy, a chief economist has emphasised.

27 September 2016

The fact that many Australian banks failed to pass on the full interest rate cut to their customers in August “wasn’t unexpected”, the Reserve Bank of Australia’s new governor-elect, Philip ...