Economy

Borrowers continue to switch the purpose of their mortgages from investor to owner-occupier more than a year after two-tiered pricing was introduced.

According to analysis by a mortgage comparison site, the Reserve Bank is likely to keep the official cash rate on hold today as it waits for the August cut to flow through the economy.

New figures from the Australian Prudential Regulation Authority (APRA) have revealed that the value of investor mortgages outstanding has fallen by 2.4 per cent year-on-year, its greatest ...

A recent survey has revealed that the vast majority of homebuyers could be missing out on the best loans due to low levels of financial literacy.

The managing director of a non-major bank has revealed that the company is in discussions with a Sydney-based credit union.

A non-major lender has today announced that it will cut interest rates across its commercial product range, effective from 5 September. 

As a major shareholder in the ASX-listed mortgage and wealth management company, industry pioneer Mark Bouris says he is "disappointed" with the group’s $9.5 million loss and languishing ...

Non-major lender Auswide Bank has reported that its loan book grew by 14.4 per cent to $2.7 billion in FY15/16, largely due to the amount of loans acquired through its merger with Your ...

Headwinds in the US have hit the confidence of institutional investors around the world, according to State Street.

The chairman of the prudential regulator says no level of capital can provide creditors with an absolute guarantee against the possibility of bank failure.