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A Senate inquiry is preparing to grill the big four banks’ chiefs today over the widespread closure of regional banking services.

The central bank continues to wait for the effects of its monetary policy tightening to be fully realised through the economy.

As part of the state’s budget, the NSW government will boost housing supply, expedite planning regulations, and construct more affordable housing.

The week ending 17 September recorded yet another busy week for auction activity, recovering from the slight fall in the week prior.

Jon Denovan has been elected as the new independent chairman of the company as part of several recent appointments.

The mortgage broking group is set to go private again after applying to the ASX requesting to be removed from the stock exchange.

The ABS has released the latest unemployment rate data, revealing a resilient labour force that surpassed some forecasts from major bank economists.

The Federal Court has approved the major bank’s $50 million settlement in a class action focusing on junk consumer credit insurance.

The Financial Services Council has appointed two chief executives to its board.

A recent poll reported that three-quarters of mortgage holders say their health and relationships have been impacted by rising home payments.

The majority of Australians believe that property is still a good investment despite current economic conditions, the aggregator’s survey has found.

The national research organisation has outlined certain measures the government can adopt to assist first home buyers in achieving home ownership.

The average price of residential dwellings rose for the quarter ended 30 June 2023, ABS has confirmed.

With rapidly rising interest rates having slowed spending and inflation, consumers could expect cuts by March next year, according to lender economists.

Growth in the major bank’s annual HSI has slowed due to rising rates and is expected to continue into the new year.