Economy

RateSetter has become the first peer-to-peer lender in Australia to compete directly with the banks by offering secured personal loans.

More Australians are choosing to forgo holidays and other luxuries in favour of paying off debt, according to a new survey by homeloans.com.au.

Yellow Brick Road has outlined a significant growth strategy in response to major changes in the Australian mortgage market.

Australian insurance giant QBE has admitted that regulatory pressure on the banks to tighten mortgage lending has had a significant impact on new LMI business flows.

Diversified financial services group FlexiGroup has reported a modest increase in profit and volumes for the last financial year.

A leading economist has warned that owner-occupier mortgages could face the same price hikes as investor loans, putting pressure on the central bank to cut rates.

Westpac chief economist Bill Evans says it is unlikely that Australian non-bank lenders will be able to meet demand for investor mortgages as the banks curb investor credit growth with ...

A large proportion of Australians do not trust large banking institutions, with 71 per cent believing that scandals over poor financial advice points to ineffective governance, says Industry ...

An Australian lender has announced new changes to limit investor home loan growth.

The latest data from the Council of Mortgage Lenders (CML) shows improved conditions in the UK mortgage market.