Economy

The Customer Owned Banking Association is calling on the federal government to pursue the Financial System Inquiry’s recommendation against a deposit levy.

Rents in most capital cities remained at all-time highs over the March quarter, despite increased supply from investors and developers.

Veda has launched a new service aimed at preventing identify theft after research showed one in five Australians have had their personal information stolen online.

The head of a Queensland property specialist has welcomed new data from the Housing Industry Association (HIA) that he says puts talk of a property boom in context.

Australian-born Alex Scandurra has left his position in the UK to head Stone & Chalk, a collaborative not-for-profit centre for start-ups, financial institutions and technology companies

Large projects accounted for almost 10 per cent of all dwelling approvals over the year to February, as home building gains momentum.

MyState Limited has announced the appointment of Chris Thornton as its new general manager of product and marketing.

The  chief executive of Suncorp Group will step down after leading the listed company for six years.

Falling momentum in investor housing finance indicates that APRA’s warning to lenders has taken effect, two leading economists believe.

Low credit growth and record-low swap rates are creating a perfect fixed-rate mortgage environment, according to one regional bank.