Economy

An online payment platform has unveiled a new service that enables Australian SMEs to access instant finance.

New housing finance figures have provided further evidence that two-tiered pricing is affecting demand for residential mortgages.

Genworth Mortgage Insurance Australia has announced the retirement of its chief executive officer.

An Australian non-major bank’s acquisition of an asset finance and leasing business has paid off by proving to be the group’s strongest distribution channel for residential mortgages

Pepper Group’s Irish subsidiary has signed a new contract with a UK banking group to provide third-party asset servicing for its residential loan portfolio.

The chief economist of a prominent ETF provider predicts a decline in home loan approvals when the latest figures are released today by the Australian Bureau of Statistics (ABS).

ANZ has announced the sale of its dealer finance portfolio to a challenger bank.

The SMSF Association (SMSFA) has warned that SMSF trustees are becoming involved with illegal and risky limited recourse borrowing arrangements (LRBAs) involving the use of in-specie ...

One of Australia's biggest challenger banks has named the Sydney suburbs it is currently monitoring after experiencing significant volumes of home lending to residential property investors

Moody’s Investors Service says a reduction in the proportion of investment loans in Australian RMBS is positive for such deals as it reduces the number of riskier mortgages in RMBS pools