Economy

Aug 31 2020

It is unlikely that national transaction activity and property listings would bounce back as quickly after the second lockdown in Victoria as it did after the first.

Aug 28 2020

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Aug 28 2020

The business lender has reported a decline of over 10 per cent in its total loan originations amid challenging economic conditions during the COVID-19 crisis.

Aug 27 2020

A 79 per cent spike in the non-bank’s earnings has been spurred by a 30 per cent increase in home loan settlements.

Aug 27 2020

Citi Australia has announced that its head of investment specialists, Gofran Chowdhury, has been promoted to head of banking and wealth management distribution.

Aug 26 2020

A 40 per cent slide in national home values would only trigger a “small” increase in the share of mortgages at risk of default, according to a new report from the RBA.

Aug 26 2020

The regional lender has launched a $2,000 cashback offer to customers that are refinancing and introduced a new variable rate for some low LVR loans.

Aug 25 2020

AMP’s chairman and the chief executive of one of the group’s divisions have stepped down in response to backlash from shareholders.

Aug 24 2020

A regional bank has said that it has had to “take a pause” on processing First Home Loan Deposit Scheme applications to work through a backlog that was impacting service levels.