Economy

The central bank believes apartments will continue to play an important role in the economy despite tighter credit conditions putting pressure on builders and buyers.

The CEO of the Mortgage and Finance Association of Australia (MFAA), Siobhan Hayden, has stepped down due to strategic differences with the board.

Seven third-party banks recorded double-digit growth in the sizes of both their investor and owner-occupier lending portfolios over the 12 months to April, with one bank more than doubling ...

Fintech businesses have descended on the mortgage market in recent months, eager to establish themselves as legitimate distribution channels. But are banks and brokers ready to embrace new ...

A non-major bank that entered the third-party channel last year has been crowned Australia’s best customer-owned institution.

The New South Wales government has confirmed that three business taxes will be abolished from 1 July following the unveiling of the state budget today.

Industry super fund-owned bank ME has today announced further rate cuts for owner-occupiers and investors.

Australia’s non-bank lenders are in desperate need of alternative funding as securitisation markets fail to deliver, according to mortgage market analysts.

A global investment bank believes securitisation could hold the key for Chinese banks to improve their asset quality as China’s non-performing loans continue to rise.

Melbourne’s housing market is “nearing a peak and could be entering a slump”, according to a new report.