Economy

A wholesale funder has cut its variable-rate home loans by 10 basis points.

A non-bank lender has waived its annual fee and slashed rates on $250,000-tier home loans.

Australia’s largest regional lender is going after a bigger slice of the residential mortgage market with a renewed focus on third-party distribution.

The prudential regulator has warned banks that their reliance on mortgage brokers can lead to additional risk and levels of exposure beyond a lender’s risk appetite.

As Australian lenders brace for the Financial System Inquiry’s final report later this month, expectations are high that the rules of the game may change – making continued growth an even ...

One of the big four banks has announced unaudited cash earnings of approximately $2.3 billion for the three months to 30 September. 

The Australian Bureau of Statistics has released a statement about the issues identified in its seasonally adjusted labour force estimates between July and September.

The regulatory uncertainty from the Financial System Inquiry, likely increased impairment charges in the future and structural and technological changes are putting pressure on the ...

Business analytics company FICO is using big data to measure the price sensitivity of borrowers, helping banks become more sophisticated with mortgage pricing and commissions.

The Reserve Bank of Australia has today announced the outcome of its board meeting.