Economy

A JP Morgan executive has labelled non-bank funding a ‘critical’ issue that urgently requires additional support.

Gateway Credit Union has appointed Lexi Airey its first-ever chief customer officer as part of an organisational transformation.

Leading economist Saul Eslake has urged the government to grandfather negative gearing to cool the overheated investor lending market.

Australian non-bank lenders are increasingly moving towards online channels and financial planners for mortgage distribution.

The Australian Bureau of Statistics (ABS) has publicly admitted that its unemployment numbers are wrong.

Borrowers refinancing an existing home loan are the mortgagees mostly likely to choose an online lender.

A former Reserve Bank board member says raising interest rates to three per cent would help cool booming property markets in Sydney and Melbourne.

With the Reserve Bank expected to begin raising the official cash rate next year, a new report has forecast the impact on the Australian lending market.

Pepper Australia has priced its second non-conforming RMBS issue for 2014.

The latest Reserve Bank Survey by comparison website finder.com.au shows that interest rates are expected to rise for the next three years.