The property industry’s united opposition to Labor’s housing policy has been voiced in Canberra, while proponents of the housing reforms renew their push for the changes.
The decline in home values across Sydney and Melbourne has been “large by historical standards” and unreflective of a low mortgage rate environment, the RBA has said.
Most Australians are not getting ahead financially, with Generation X experiencing the brunt of financial burdens, a new report has found.
The major bank’s net interest margin has been strengthened by its out-of-cycle mortgage rate hikes, contributing to quarterly cash earnings of over $2 billion.
ASIC’s decision to undertake a review and consider changes to responsible lending guidelines will be “credit positive” for the mortgag...
The banking royal commission has not spurred a deterioration in satisfaction among customers of Australian banks operating in New Zealand, according to new research.
Property industry stakeholders have participated in a roundtable discussion with the Prime Minister to discuss potential risks of taxation reform.
ASIC is determined to flex its muscles, with a bill designed to enhance its enforcement powers one step closer to law.
Treasurer Josh Frydenberg has told the banks and regulators that they will face an inquiry down the track to ensure they have lifted their game post-royal commission.
A CEO has welcomed the introduction of legislation that would “remove a handbrake” that has held back customer-owned banks from competin...