Francesca Krakue

Consumer confidence ticks up

After a sharp drop in the previous week, consumers’ view on the economic outlook in the next five years edged higher in the week ending 28 November.

ECONOMY • Wed, 30 Nov 2016

Rate hikes on the horizon, says mortgage boss

The chief executive officer of one of Australia’s largest mortgage brokerages has said that it is “very likely” that home loan rates have hit the bottom of the interest ...

ECONOMY • Mon, 28 Nov 2016

Housing loan arrears surge 25% higher

A ratings agency has highlighted that the number of Australian mortgages in arrears in September was significantly higher than at the same time last year.

ECONOMY • Mon, 28 Nov 2016

Bank behaviour ‘disappointing’, says shadow minister

A senior government official has delivered an update on the latest financial policies installed by Labor officials, calling out instances of bank misconduct as ...

ECONOMY • Sun, 20 Nov 2016

Digital revolution ‘a strategic crisis’ for banks

Leaders of several fintech groups have said the “significant friction” that exists within the traditional banking and finance system has made it “ripe for disruption” ...

ECONOMY • Thu, 17 Nov 2016

Large capitals lose economic momentum

The growth of the economy in the country’s two largest capital cities is slowing, according to new research.

ECONOMY • Wed, 16 Nov 2016

Rate hikes and bank deregulation on the cards

One of Australia’s leading economists says renewed optimism about Donald Trump’s fiscal stimulus plans could see the local cash rate begin to rise as early as 2018.

REGULATION • Sun, 13 Nov 2016

Business conditions exhibiting ‘clear downward trend'

A recent survey has shown some moderation in the country’s non-mining economic recovery, with the aggregate level of business conditions dropping in October.

ECONOMY • Sun, 13 Nov 2016

CCR offering lenders more holistic view of customers

Recent research has shown that consumers’ more complete credit profiles are helping lenders better manage risk, following Australia’s shift to comprehensive credit ...

LENDER • Thu, 10 Nov 2016