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Economy

31 July 2020

The neobank has partnered with a cloud services provider to manage its API connectivity when it launches its forthcoming lending platform.

30 July 2020

A big four bank has announced that 114 smaller regional branches will only open in the mornings from next month, as the bank embraces remote banking.

30 July 2020

New findings have suggested that Australia remains a hotspot for foreign investors, with buyer activity continuing to increase.

30 July 2020

The COVID-19 environment has reversed any rebound in rental values, with closed international borders rattling rental demand.

29 July 2020

The prudential regulator has told banks that it expects them to retain at least half of their earnings and reduce payouts to investors, among several other changes, to ensure their ...

29 July 2020

The Victorian government has launched a new $150-million package to address homelessness during COVID-19 and beyond.

28 July 2020

The former managing director of a regional bank has been appointed to a new federal government taskforce charged with supporting the economic recovery effort.

28 July 2020

First home buyers in NSW could save more than $30,000 on new property purchases after the NSW government temporarily increases transfer duty relief and concessions.

28 July 2020

The banking sector is set to increase its take-up of the Reserve Bank’s $90-billion term funding facility, according to the central bank’s assistant governor, Christopher Kent.

28 July 2020

The non-bank lender has priced a $1-billion non-conforming Bastille RMBS transaction.