Call to close the deposit gap

A number of submissions to the Senate Standing Committee on Economics inquiry into home ownership agree that the main reason fewer young people are buying houses is the widening deposit gap and they c.. read more

RBA recommends a review of negative gearing

The Reserve Bank has recommended that Australia's negative gearing rules be reviewed, telling a Senate committee inquiry into home ownership that it was not in the interests of financial stability to.. read more

Hockey's RMBS selldown flops

The Australian Office of Financial Management has again fallen well short of its target for the sale of its holdings of residential mortgage-backed securities, accepting bids for only A$96 million of.. read more

Interest rate benchmark reform making progress

Administrators of the world's leading interbank interest rate benchmarks are making progress in reforming their benchmarks and are on track to implement enhanced benchmarks towards the end of next yea.. read more

Business lending falls

Banks hoping for a pick-up in business lending will be frustrated to learn that there has been no clear trend in the commercial finance market this year. read more