Economy

The Labor Party’s plan to halve the capital gains tax (CGT) discount on investment properties will not fix the nation’s housing affordability and supply problems, an industry body has warned

A mutual bank has been recognised for its superior customer service at the Roy Morgan Customer Satisfaction Awards in Melbourne.

New home sales experienced a resurgence in December 2015, following three consecutive months of decline.

Recent experiments with negative interest rates by central banks could end up doing the global economy “more harm than good”, according to a global investment management firm.

Heritage Bank CEO Peter Lock says the bank has “plenty of appetite to move in the investor space” following solid increases in its profit and loan book for the first half of 2015-16.

A Perth-based mortgage broker says bank staff are increasingly building referral relationships with real estate agents and accountants as competition for home loans heats up.

In the face of persistent financial market volatility, business confidence continues to hold up while conditions have eased, according to NAB.

A proposed increase to the GST on new housing will reduce affordability and cost jobs, the Housing Industry Association (HIA) has warned.

The Real Estate Institute of Queensland (REIQ) has warned that the state would be hit hardest if Labor’s controversial new negative gearing limits were introduced, with many towns that are ...

Rabobank Australia and New Zealand has appointed a new group executive for wholesale banking.