Economy

Firstfolio’s new chief executive is confident that the troubled mortgage group is beginning to see the benefits of restructuring.

New data has revealed a big increase in new buyers in 2014, suggesting the first home buyer problem may be less concerning than once thought.

Australia is set to build a record number of homes this financial year – and almost 35 per cent more than three years earlier.

The Customer Owned Banking Association has called for funding to be allocated in the May federal Budget to implement recommendations from the Financial System Inquiry.

Tony Abbott has outlined a range of new fees and penalties that would make life harder for foreign real estate investors.

One of Australia’s largest non-bank lenders has recorded a surge in branded home loan settlements over the six months to 31 December 2014.

The Institute of Public Accountants (IPA) is urging the federal government to introduce a state-backed loan guarantee scheme for small business.

One chief economist has argued that the historically low RBA cash rate of 2.25 per cent is not enough to promote economic growth, particularly in the context of a depreciated commodity ...

NAB CEO Andrew Thorburn has announced a number of new measures to enhance oversight of the bank’s financial planning channels, following its revelation of a compensation project involving ...

One of Australia’s fastest growing banks believes the low-rate environment will further encourage investors to continue growing their portfolios.