Economy

The number of Australian housing loans in arrears has declined in July for the second consecutive month, new research has found.

Twenty-five per cent of Aussies fear their credit score could prevent them from getting a loan or credit card, according to a new survey by finder.com.au.

The US Federal Reserve is likely to raise the Federal funds rate by 0.25 per cent at its September meeting, according to BondAdviser.

A senior economist has predicted that the magnitude of excess supply in cities like Melbourne is likely to drive “significant increases in vacancy rates” over the next 12 months. 

Vacant land grew in value and price across most capital cities over the past year, with Sydney and Melbourne price increases rising in excess of those for home values, new research has found

A leading aggregation business is recruiting for a new CEO, following the news that the current CEO will step down as the business integrates with another company.

The number of apartments being built in Australia at the moment is “theme park scary” and could result in “the greatest apartment boom of all time”, according to a senior economist

Australia’s largest brokerage, which settled $22 billion worth of loans in the 2016 financial year, has set its sights on Queensland as part of its growth plans. 

Business conditions have reached their lowest level since the start of the year, new research has revealed.

One of Australia’s big four banks has invested $16.5 million in a young digital mortgage service after recognising “its potential to become a serious player in the home loan market”.