Economy

Moody’s Investors Service says Australian mutual lenders will be under increased pressure to consolidate as slowing economic growth and regulatory changes weigh on Australia’s smaller banks

The gap between the average variable home loan rate of the major banks and the lowest offer on the market has widened considerably since September 2014, according to a comparison website.

Marketplace lender DirectMoney has announced the appointment of a new independent non-executive director to help drive the ASX-listed company’s growth.

New figures show Sydney property prices jumped 18.9 per cent over the year and 8.9 per cent over the quarter.

A new report examining the impact of regulatory changes on the Australian mortgage market has concluded that nine per cent of home loans written so far this year would now fail current ...

Sydney’s auction clearance rate has declined for the third straight weekend and finished behind Melbourne for the fourth consecutive time.

A listed Australian bank has recorded strong loan growth over the year to 30 June but an ongoing investment spend on new technology has resulted in a fall in pre-tax profits.

WA-based lender Goldfields Money has announced the appointment of Michael Verkuylen as its acting CEO following the termination of David Holden last week.

Nine out of 10 small- and medium-sized enterprises (SMEs) are unaware of their credit score, a recent survey has revealed.

Colliers International has launched a new offering for corporate occupiers who require high-performance workplaces to increase productivity.