Household savings flat

The trend of high household savings rates triggered by the financial crisis appears to have come to end. Australian Prudential Regulation Authority and Reserve Bank figures published yesterday show th.. read more

Comerford says value of LMI must be supported

The Financial System Inquiry should not baulk at a proposal to reduce risk weights for insured loans because of concerns it might have an impact on competition, the head of the country's leading mortg.. read more

Strong housing market boosts Genworth

Strong growth in Australian house prices over the past year has led to a halving of claims payouts by mortgage insurer Genworth Mortgage Insurance Australia, which is on track to exceed prospectus for.. read more

Lenders beware: SMEs are higher risk

The rate of business insolvency, relative to the total number of companies in Australia, has more than doubled over the past 15 years, reflecting an increase in the risks involved in running a busines.. read more