High household debt, including mortgage debt, can make the economy more vulnerable to disruptions, warns the Bank for International Settlements
Despite the slowdown in the city's real estate market, premium properties are still highly desired and are recording strong sales results
New research has also found that younger borrowers are more likely to opt for interest-only lending than older Aussies
Borrowers are spending less of their income on their mortgages as more first home buyers enter the market nationwide
A major mortgage franchise has reported its best cash result ever
The Queensland economy is ready to move on from its mining days and ride the “next wave”: gas, tourism, agribusiness, international education and wealth management.
Consumers are sceptical about the transparency of banks, with a recent consumer survey revealing that 84% of respondents think banks should have to disclose who owns them in any advertising
The bias towards home loan lending over commercial lending by our banks could be hurting the Australian economy.
The number of rental vacancies nationally increased in the year to July, with rental asking prices lifting only very slightly in the same period
A new survey shows Aussie property investors are becoming savvier