Economy

Changes to the Privacy Act that make it mandatory to report serious data breaches could have grave reputational consequences for financial institutions, says KPMG.

Australia’s capital city housing market has been “extremely interest rate-sensitive” since the GFC, according to a new data by CoreLogic.

Confidence among Australian businesses is back above the five-year average, according to the latest figures from Roy Morgan Research.

Low interest rates and rising household debt are placing pressure on major banks and skewing risk to the downside, according to Moody’s Investors Service.

New findings suggest that rising property prices and negative media about home finance markets are scaring young Australians off entering the property market.

One of Yellow Brick Road's chief executives will step down from his position in September.

Three banks have announced major changes to their mortgage pricing, with one cutting rates by up to 70 basis points.

Industry thought leader John McGrath has appointed a new chief executive as he looks to devote more energy towards growth and innovation of the ASX-listed real estate and mortgage group.

It is essential that these investors are encouraged to add to the rental pool available to Australia’s growing population.

Recent comments by the central bank together with a new Moody’s report point to strong headwinds for Australian banks.