Economy

A leading commentator says major economies across the globe are beginning to rethink the effectiveness of setting interest rates in a world of slower growth.

The CEO of an Australian bank has revealed that the group is keen to grow its business through M&A as the mortgage industry experiences continued consolidation.

Australians heavily exposed to residential property have been cautioned that weak inflation could see the RBA cut the cash rate again, spelling trouble for some of Australia’s residential ...

A big four bank has informed its mortgage brokers and proprietary lenders of changes to a number of home loan products.

Non-bank mortgage provider Pepper Group Limited has announced that it has agreed contractual terms on a whole loan sale transaction comprising a $400 million portfolio of residential ...

A listed Australian bank has priced its fourth Senior Unsecured Floating Rate Note.

The Australian-Israel Chamber of Commerce NSW has announced the appointment of a new chief executive as the company pushes forward with new growth strategies.

Credit ratings agency Moody’s has changed the outlook for Australia’s banking system from stable to negative, reflecting an increasingly challenging lending environment.

Virgin Money has announced that it is doubling the number of Velocity Frequent Flyer Points new borrowers can earn at settlement of their home loans.

Australia’s building industry is facing a crisis as overseas investors retreat following changes to foreign investment regulations.