Economy

ING Direct Australia’s focus on growing its branded mortgage portfolio has helped the group achieve a record profit result for the bank in the 2015 calendar year.

Standard & Poor’s (S&P) has assigned AAA ratings to four classes of Pepper’s non-conforming residential mortgage-backed securities (RMBS).

Bendigo Bank has rolled out an online share trading platform to more than 10,000 of its customers.

The Reserve Bank of Australia has commented on the recent volatility of local bank stocks in its latest monetary policy meeting.

An Australian peer-to-peer (P2P) invoice financier has unveiled its new brand and website, as well as a significant upgrade to its online platform.

A new report has revealed that the proportion of Australian housing loans in arrears has increased for prime and non-conforming residential mortgage-backed securities (RMBS) for the third ...

One of Australia’s largest banks has warned of an increase in bad debts ahead of the release of its financial results for the six months ending 31 March.

A new report from JP Morgan has found that home loans are being increasingly churned among the big four banks as competition heats up for owner-occupied refinance deals.

Adelaide’s residential development market is reportedly experiencing signs of growth, with the city’s CBD and inner metropolitan apartments and townhouses leading the way.

Genworth Mortgage Insurance will experience ongoing revenue pressure as rising “tail risks” in the housing market and regulatory changes create headwinds for the ASX-listed group.