Economy

Borrowers have continued to turn their backs on fixed-rate mortgages, with variable-rate loans accounting for almost nine in 10 broker-originated home loans in the June quarter, according to ...

Home owners looking to trade up have become an increasingly dominant force in the broker market, with upgrader activity reaching near-record levels, according to new data.

While confidence is returning for many Australian businesses, new data has indicated that many SMEs remain reluctant to take on new debt despite easing cost pressures.

As global and domestic economic conditions continue to bite, brokers and lenders are reporting a change in how businesses are using finance.

Australia’s new vehicle market has recorded its strongest month ever, with battery electric vehicles recording more than a threefold increase in market share over the last year.

Business confidence has climbed into positive territory for the first time since 2022, as stronger profitability and employment helped lift sentiment across the economy.

As economic conditions push SME payment arrears to a six-year high, non-bank Earlypay is urging brokers to use the new financial year to check in with clients around working capital and ...

New data has indicated that large businesses are weathering economic pressures more comfortably than their SME counterparts, with insolvencies rising among smaller operators even as ...

House prices are expected to fall by 2 per cent across Australia’s capital cities this year, according to a new report from National Australia Bank.

Following three consecutive rate hikes, the Reserve Bank of Australia has announced its first cash rate decision since the release of the federal budget.