Economy

Reserve Bank governor Glenn Stevens has played down the impact of the recent out-of-cycle rate hikes by the banks.

A confluence of factors will combine to create a tough backdrop for major bank boards and senior management teams over the coming years, according to professional services giant KPMG.

The Property Council of Australia says it welcomes the findings of a new report that negative gearing is neither “evil”, “a loophole in the tax system” nor the “key culprit” impacting house ...

A Deloitte survey has found that China’s economy is now a clear source of concern for Australian chief financial officers.

New research has revealed younger Australians are likely to switch banks over the next 12 months.

The last of the regional banks has joined ME, Suncorp and Bendigo and Adelaide Bank by announcing that it will increase variable home loan rates.

Mortgage insurer Genworth has conceded that tightened lending conditions and a lower LVR mix are impacting the group’s gross written premiums.

KPMG's Major Australian Banks Full Year Results 2014-15 report said recent increases in home lending rates indicate that banks have the ability to improve margins, but will need to be ...

Mortgage broker network 1300HomeLoan says even if the Reserve Bank had cut rates yesterday, it would have had little material significance to mortgage holders as banks continue to increase ...

The Reserve Bank of Australia has announced the result of its first monthly board meeting since the big four banks raised their mortgage rates.