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Nov 14 2019
The Reserve Bank is set to continue carrying the burden of stimulating consumer spending, amid continually weak wages growth, according to AMP’s senior economist.
Nov 13 2019
Women are more likely to enter the property market, and do so at a younger age, than their male counterparts, according to newly released ABS data.
Nov 12 2019
APRA chair Wayne Byres has flagged the potential downsides to greater competition in the banking sector, making particular reference to risks associated with a “competitive spirit” in the ...
Nov 12 2019
Several banks have announced disaster relief packages for customers affected by bushfires in NSW and Queensland.
Nov 12 2019
The non-bank has priced its second PRS for 2019, issuing $750 million of bonds backed by Australian mortgages.
Nov 11 2019
The collective cash earnings of the big four banks fell 7.8 per cent in the 2019 financial year, with earnings to be placed under continued pressure in FY20, according to EY.
Nov 8 2019
The WA government is urging people to be on “high alert” after identifying a scam where a settlement agent’s email was cloned, resulting in $70,000 being stolen from their clients.
Nov 8 2019
AFCA has released a new online comparison tool that allows consumers to view and compare the number and nature of complaints filed against financial institutions.
Nov 7 2019
The big four bank has lowered its interest rate floor for home loan serviceability assessments for the second time in less than four months.
Nov 7 2019
Westpac has completed a $2-billion institutional share placement, less than 24 hours after calling a trading halt to launch a $2.5-billion capital raising.
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