Economy

Uncertainty surrounding the outcome of the weekend's federal election will have “limited credit implications” for Australia’s sovereign credit profile, according to Moody’s Investors Service

The Reserve Bank of Australia has delivered the decision of its monthly board meeting.

The Reserve Bank of Australia has delivered the decision of its monthly board meeting.

New figures from the Reserve Bank show investors are continuing to switch to owner-occupiers almost a year after the rate differential was introduced.

A former banking executive has warned that Australian mortgage lenders could be left red-faced if questioned about the sources of foreign income.

Mortgage software company SuiteBox has announced it will ramp up its presence in Australasia over the next six months, in the lead-up to its global expansion in 2017.

A recent report has revealed that total new home sales have fallen for a second consecutive month, pointing to a downward trend ahead.

The NSW government’s stamp duty increase for foreign buyers is a greed-driven decision that is making scapegoats of non-Australian residents, according to a real estate veteran.

There is “no question” that Australia will lose its AAA rating in 2016, with the downgrading likely to occur by August at the latest, according to one investment manager.

A challenger bank that sees 90 per cent of its mortgages written through the third-party channel is bucking the trend among non-majors by consistently growing its mortgage market share.