Francesca Krakue

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

John McGrath slams state governments over property taxes

Real estate mogul John McGrath has called out “hefty” taxes on overseas buyers as “one of the most short-sighted initiatives” that he’s seen in his 35 years of real ...

PROPERTY • Tue, 08 Nov 2016

Trump ‘bad news’ for Australia, warns economist

Donald Trump’s election to the US presidency could pose significant risks for Australia’s economy, a senior economist has predicted.

ECONOMY • Wed, 02 Nov 2016

APRA likely to ‘tighten the screws’ further

A senior economist has predicted that APRA is likely to add further directives on banks’ lending standards to help cool Sydney and Melbourne’s property markets “before ...

REGULATION • Tue, 01 Nov 2016

RBA makes cash rate announcement

The Reserve Bank of Australia has delivered the decision of its monthly board meeting.

ECONOMY • Tue, 01 Nov 2016