Falling house listings add ‘sense of urgency’
Record-low property listings across Australia, coupled with rising buyer demand, have increased competition among buyers and contributed to price growth.
Record-low property listings across Australia, coupled with rising buyer demand, have increased competition among buyers and contributed to price growth.
Investors that have opted in to Westpac’s capital raising will be offered a refund in light of AUSTRAC’s decision to launch civil proceedings against the bank.
Property investors have responded to historically low interest rates by paying down their mortgage debt rather than funding new ventures, according to an industry stakeholder.
The online brokerage has partnered with real estate platform Soho, allowing users of the site to instantly check the competitiveness of thei...
Unconventional monetary policy is “extraordinarily unlikely”, RBA governor Philip Lowe has said, in response to growing speculation of a...
The combined growth of mutual banks has far outpaced the majors, having experienced loan book growth at over four times the rate of growth ...
The major bank has informed investors that it is “not aware” of any breaches to anti-money laundering and anti-terrorism laws, in light ...
The total value of construction activity fell over the past quarter, albeit below market expectations.
Outgoing Westpac chairman Lindsay Maxsted has warned against further board renewal amid speculation of a push from investor for more leadership changes.
The major banks’ increased reliance on lending revenue is set to weigh on their profitability in the years ahead, particularly amid record...