Economy

The coronavirus could drag Australian GDP growth close to zero for this quarter, and the situation could get worse before it gets better, according to BetaShares.

A February cut to the cash rate is “materially” less probable, with the latest inflation data building on positivity from stronger than expected labour market figures, according to ANZ ...

An industry group has issued a warning regarding scammers requesting sensitive information from bushfire-affected banking customers.

A “significant increase” in clearance rates and auction volumes was reported over the December quarter, according to CoreLogic research.

A consultation has opened on extending BEAR obligations to all APRA-regulated entities, including insurers and superannuation entities, under the new Financial Accountability Regime.

The non-major has announced the appointment of a new CIO, just a day after appointing a new chair.

The non-major bank has appointed a new chief executive officer of HSBC Bank Australia Ltd, taking over from interim chief executive officer Noel McNamara.

The Westpac-Melbourne Institute Index of Consumer Sentiment fell by 1.8 per cent to 93.4 in January, from 95.1 in December.

The non-major has appointed the former chair of APRA to head up its board.

A non-bank lender has unveiled plans to expand its home loan offerings after securing $250 million in funding from Goldman Sachs.