Economy

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.

A “one-stop shop” for complaints across all financial institutions should be implemented to more effectively manage customer complaints both internally and externally, a leader of the ...

Firstmac has voiced surprise at ASIC’s latest warning for non-bank lenders to provide consumers with detailed information about the nature of offset features on loan products, to ensure ...

The Australian residential property market is expected to soften over the coming three years after the investor lending crackdown, with some markets at particular risk.

Close to four years of yield compression has pushed Sydney’s CBRE office yields to a historical, pre-GFC low — with potential to fall further, new research shows.

One of Australia’s largest LMI players has warned that any disruption to the steady flow of foreign buyer demand could have serious ramifications for the Australian property market.

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 ...