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Although spending increased during Black Friday sales, higher interest rates are still dampening a large lift in household spending.

Credit growth in residential mortgages has increased year-on-year, new data from APRA has revealed.

The major bank has unveiled plans to collaborate with ICICI Bank in India to help support customers across both nations.

The unemployment rate has dropped through November, showing some signs of stabilisation. Despite this, some believe we’re far from normal.

A former director and CEO of a member-owned bank has been found guilty on dishonesty offences.

The added attention banks are giving to the proprietary channel, paired with a significant increase in the use of AI and automation, may have some brokers worried. Despite this, NAB has ...

While the result of the December monetary policy meeting was no surprise, analysts have noted the increased confidence in the RBA’s rhetoric.

The housing market has proven resilient over the course of 2024 despite global and domestic pressures.

Recent data has shown that stunted business turnover is prevalent across the majority of recorded industries, highlighting some struggles in bringing in revenue.

The RBA governor has remained resolute in the board’s monetary policy decisions thus far, maintaining that the economy is still on the path towards the inflation target range.

SMEs are opting for alternative lending sources, marking a significant change in their investment funding strategies.

The non-bank lender has closed out a year of outstanding business growth with its inaugural Wave Money Small Wave Christmas Invitational celebration.

The Reserve Bank has made the decision to hold the official cash rate to close out 2024.

The current volatility of the housing market is placing strain on people across the country. With compounding challenges impacting affordability, as a broker, it can be beneficial to reign ...

Australia’s housing affordability has hit a new trough, as borrowers continue to face increased mortgage and rental costs, the REIA has found.