Economy

The US Federal Reserve has indicated that four interest rate hikes is “in the ballpark” for 2016, but a global investment management firm believes it is more likely there will be three

New figures released by the NSW state government show land values have surged by more than 30 per cent in nine local government areas (LGAs).

The RBA has revealed that property investors have reclassified $32.5 billion worth of mortgages since the introduction of a two-tiered mortgage market last year.

Long-dominant oligopolies within supermarkets, general insurance and telecoms may be breaking down, but the strong position of the big four banks is “strong and functioning well”, according ...

Bank Australia has revealed plans to develop a new online portal for borrowers to receive loan status updates.

SAI Global’s property division has announced it will expand its offering beyond settlement services to other areas of banking and finance in 2016.

Bendigo Bank says its premium product offering, quality customer service and unique innovation were the main reasons behind its multiple award wins last year.

The 2016 credit outlook for the Asia-Pacific region is “somewhat negative”, with borrower refinancing and new financing risks high on investors’ agendas.

The preoccupation of the big banks with their capital costs is likely to see increased divestment activity in 2016, predicts Herbert Smith Freehills.

Australia’s customer-owned banks are confident that a Senate committee report on the credit card market has delivered positive recommendations that can be implemented quickly.