Economy

Sep 18 2015

Australia’s biggest bank has revealed that it is experiencing a ‘massive’ influx of borrowers seeking to reclassify their loans from investor to owner-occupier as the market adjusts to ...

Sep 18 2015

Peer-to-peer (P2P) lender RateSetter has announced it has grown its overall lending volumes to more than $10 million since its official launch in November last year.

Sep 18 2015

Conflicting signs have emerged as to what impact regulatory intervention has had on the investor market.

Sep 18 2015

Over half of all Australian adults are living in debt, with almost 2 million of those seeing no light at the end of the debt tunnel, according to a new survey by finder.com.au.

Sep 17 2015

The Australian Competition and Consumer Commission (ACCC) has announced that it will not oppose a bid by one of Australia’s biggest challenger banks to acquire a lending business from ANZ

Sep 17 2015

APRA chairman Wayne Byres has stressed that banks require "more than just plenty of capital" to be considered 'unquestionably strong'

Sep 17 2015

Major Australian cities are on track for a price correction due to an excess of homebuilding activity, according to BIS Shrapnel's managing director.

Sep 16 2015

An Australian non-bank lender has recorded a surge in lending to Chinese buyers and says other non-banks are also filling a void created by the major banks.

Sep 16 2015

AMP Capital chief economist Shane Oliver is confident that new Prime Minister Malcolm Turnbull will address Australia's economic challenges.