Economy

AMP Bank has today announced it will reduce interest rates across several variable and fixed-rate loans for new customers, effective Monday 18 January.

The head of a peak real estate body has identified 12 suburbs as the ones for investors to watch this year due to strong price growth, continued gentrification and reduced time on market.

A leading real estate group believes more investors will re-enter the property market as volatility in Australia’s share market continues.

Industry super fund-owned bank ME has announced a new chairman following the group’s annual general meeting.

RBS has advised its clients to “sell everything” except for high quality bonds and warned of a "major correction" triggered by China’s debt-driven expansion.

Activity in Australia’s auction market has deteriorated over the past 12 months, with fewer auctions held and more homes passed in.

Yellow Brick Road recorded its highest month of mortgage settlements in December.

Brisbane has entered 2016 as the country’s fastest-growing capital city market, while Sydney is the biggest loser.

Banks have shot themselves in the foot with their recent rate hikes, according to one industry figure, who suggests that consumers are tiring of footing the bill for perceived excesses in ...

The latest figures from the Australian Bureau of Statistics show building approvals fell by 12.7 per cent in November after rising for two months.