Economy

The former managing director of St. George Bank in Victoria has been appointed chief executive of ASX-listed Heritage Bank.

One of Australia's big four banks has today announced a new chief executive officer.

Teachers Mutual Bank has delivered a strong profit result for the 2015 financial year driven by a significant increase in residential mortgage lending.

Australian-based technology company CPDone has released the latest version of its cloud-based broker software, which has attracted interest from overseas clients.

Bank of Queensland (BOQ) has announced it has reclassified certain home loan data previously provided as part of its regulatory obligations.

A new report has found that the number of first home buyers who experience mortgage stress has climbed drastically over the last six months.

Mortgage Choice CEO John Flavell has backed the federal Treasury’s view that credit card providers are exploiting “consumer inattention” to keep interest rates higher than necessary.

Melbourne has recorded a higher clearance rate than Sydney, as well as the national average, for the fifth consecutive week.

New land releases in a capital city’s fringe, aimed at reducing housing undersupply and affordability issues, could hurt investors in the region.

A new report by Canstar has found that two of the big four banks offer the best value low-doc loan products in a market that has traditionally been the speciality of non-bank lenders.