Economy

For many business owners, their business is a major component of their overall personal wealth and in many cases will form a significant part of their retirement funds.

A re-acceleration in house prices and increasing household leverage are bad news for the credit profiles of Australian banks, Moody’s Investors Service has warned.

Yellow Brick Road (YBR) has announced the appointment of a former senior ASIC employee as a non-executive director of its board.

Recent ABS data reflects the healthy state of the Australian mortgage market, a senior economist says.

ME has today announced significant rate cuts on a range of variable home loan products for both investors and owner-occupiers.

Online lender Loans.com.au has defied the Reserve Bank’s decision to keep the cash rate on hold by cutting one of its mortgage rates by more than 30 basis points.

Mortgage and wealth group Centrepoint Alliance has rebranded its various businesses together under the one umbrella as part of moves to simplify its business structure.

A new report shows Australia's housing market has improved thanks to strong gains and auction results in Sydney.

ASIC has commenced legal proceedings in Melbourne's federal court against NAB for alleged unconscionable conduct and market manipulation.

One of Australia’s most respected economists has weighed in on the Reserve Bank of Australia’s decision to keep the official interest rate unchanged at yesterday’s monthly board meeting