Economy

The Turnbull government has been warned that a strong national focus on housing is critical to retaining Australia’s AAA credit rating, after claiming election victory on Sunday.

Advantedge Financial Services has announced a range of rate cuts, dropping four of its home loans below 4 per cent.

South Australia has decided not to follow NSW, Queensland and Victoria in imposing surcharges on foreign property investors as part of its state budget.

Industry super fund-owned bank ME has announced the appointment of a banking and finance lawyer to its board.

Small business lender Scottish Pacific has reinforced its commitment to one state through staff recruitment and the launch of a new office.

Standard & Poor’s Global Ratings has downgraded Australia’s credit outlook from ‘stable’ to ‘negative’, giving a one-in-three chance of a ratings downgrade from AAA within the next two ...

Heritage Bank has received top honours in the 2016 Mozo People’s Choice Awards.

Standard & Poor’s has affirmed the “strong” ranking assigned to Firstmac as a servicer of prime mortgages.

A new report has assessed more than 60 countries to determine which has the most competitive economy.

The prudential regulator is satisfied Australia’s major banks are now ‘unquestionably strong’ compared with their international peers, according to the benchmark set by the Financial System ...