Economy

The Australian Taxation Office has issued a stern reminder to SMSF trustees about the “severe consequences” for those who attempt to make mortgage payments with their superannuation funds ...

Heritage Bank says its positive result in a recent ratings analysis reflects Australia’s very strong financial environment as well as the bank’s low-risk asset model.

The federal government has been approached by an association of mortgage and finance brokers to intervene to stop banks delaying the mortgage transfer process.

Australia remains on track for a bumper year of homebuilding with another strong month of approvals.

Australia’s banking sector is powering ahead with strong growth in mortgage volumes and profits, according to new statistics from the prudential regulator.

Yellow Brick Road will gain an additional 19 shopfronts as the acquisition of Resi takes full effect over June.

The Reserve Bank of New Zealand has reduced its official cash rate by 25 basis points to 3.25 per cent, indicating congruence in cross-Tasman monetary policy.

Australia’s banks need to avoid a “lazy” approach to mortgage portfolio repricing in light of debate around higher capital requirements, JP Morgan has warned. A new report, co-authored by ...

Pepper Australia has completed what it has described as the “largest non-conforming RMBS issue since the emergence of the financial crisis in 2007”.

Businesses need to ensure that they have appropriate security and processes in place to remain safe and sustainable, according to one accounting firm.