Economy

The banks’ unwillingness to provide cash flow lending to SMEs will condemn the federal government’s asset write-off provisions to failure, a leading fintech expert has warned.

The 2016 federal budget has been met with mixed reviews. However, it was generally good news for business owners in the mortgage and real estate industries.

Treasurer Scott Morrison has announced the appointment of a new governor of the Reserve Bank of Australia.

Mortgage insurance provider Genworth has announced the retirement of one of its board members after reporting a significant fall in profits for the first quarter of 2016.

A prominent industry analyst has called for universal land taxes to be introduced after new figures by the Australian Bureau of Statistics revealed that the majority of state and local ...

Treasurer Scott Morrison has announced the successor to outgoing Reserve Bank of Australia governor Glenn Stevens.

Australian housing loans in arrears rose for the fourth consecutive month in February for both prime and non-conforming residential mortgage-backed securities (RMBS), according to Standard ...

New figures show that business confidence continues to rise and now sits above its five-year average.

Australian non-bank lender Bluestone Mortgages has announced the successful pricing of a $200 million residential mortgage-backed debt security.

The Reserve Bank of Australia’s decision to slash the official cash rate to a new historic low is positive news for both the economy and borrowers, according to a number of industry ...