Economy

A mortgage broking association has urged the appointment of a federal housing minister, which it says will help make property more affordable.

Westpac has reported a surge in consumer sentiment, which the bank describes as a “very strong result”.

Reserve Bank deliberations suggest another interest rate cut may be coming in the months ahead.

Negative gearing probably has a “detrimental effect” on housing affordability but the impact on rental affordability is unclear, according to a federal inquiry.

AMP Capital chief executive Stephen Dunne has announced he will retire from the specialist investment manager later in the year.

La Trobe Financial Asset Management has received a ‘strong’ rating from Australia Ratings for the second consecutive year.

One bank has tightened its investor LVRs due to APRA pressure – but nine others are growing their investor lending faster than a key risk indicator.

Australia’s parliament has launched an inquiry into home ownership in a sign that affordability remains a key political issue.

Australia’s mortgage sector could prove to be far weaker than believed should an economic downturn occur, Moody’s has warned.

Politicians from the key political parties have demanded the creation of a dedicated housing ministry to help make property more affordable.