Economy

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.

One of Australia’s largest non-bank lenders has been put on the market, with reports suggesting the company could be worth up to $500 million.

Peer-to-peer (P2P) lender ThinCats Australia has received a significant funding commitment as it continues to grow its presence in the business lending sector.

A leading accountancy firm has hit back at the NSW government’s plans to charge foreign property buyers a 4 per cent stamp duty, warning that the state risks damaging its property industry