Economy

Underwhelming housing finance data and a drop in consumer confidence stress the need for the Reserve Bank to lower the official cash rate, according to one wealth group.

US-listed credit group Equifax has targeted Veda Group for acquisition, valuing the ASX-listed company at more than $2 billion.

Australia’s biggest bank has revealed that it is experiencing a ‘massive’ influx of borrowers seeking to reclassify their loans from investor to owner-occupier as the market adjusts to ...

Peer-to-peer (P2P) lender RateSetter has announced it has grown its overall lending volumes to more than $10 million since its official launch in November last year.

Conflicting signs have emerged as to what impact regulatory intervention has had on the investor market.

Over half of all Australian adults are living in debt, with almost 2 million of those seeing no light at the end of the debt tunnel, according to a new survey by finder.com.au.

The Australian Competition and Consumer Commission (ACCC) has announced that it will not oppose a bid by one of Australia’s biggest challenger banks to acquire a lending business from ANZ

APRA chairman Wayne Byres has stressed that banks require "more than just plenty of capital" to be considered 'unquestionably strong'

Major Australian cities are on track for a price correction due to an excess of homebuilding activity, according to BIS Shrapnel's managing director.

An Australian non-bank lender has recorded a surge in lending to Chinese buyers and says other non-banks are also filling a void created by the major banks.