Owner-occupiers make hay while the investors stay away

APRA’s crackdown on risky lending practices have made a further impact on the market, according to the ABS housing finance data released today.

Low wages growth constrains renovations activity

Renovations activity is expected to decline this year, before bouncing back in the years ahead, according to a new survey of renovators.

Home building activity suffers big slump

Building approvals have plummeted over the past year, with South Australia and Tasmania the only states to defy the trend.

Government begins process to reform financial system

Australia’s financial system and superannuation system are to be the subject of two separate reviews by the Productivity Commission.

ASIC tells consumers to avoid investment firm

Australians making many errors' on tax returns

The head of the Australian Taxation Office has warned consumers that unjustified deductions are “well and truly in our sights”.

All Ords jumps 10.3% during FY17

Most stock market investors had reason to smile during the 2016-17 financial year, with the Australian market making double-digit gains.

Real estate market cooling in two biggest cities

Sydney and Melbourne are still experiencing an “easing trend”, despite property price growth jumping back during June.

Westpac unveils basic, low-rate credit card

RBA predicted to leave rates on hold

The Reserve Bank of Australia (RBA) is likely to leave the cash rate on hold at a record low of 1.50 per cent when it meets later today.