Economy

The neobank has closed a Series C equity funding round, reportedly surpassing its target by $10 million.

The number of housing finance commitments from first home buyers has fallen for the second consecutive month, new ABS data has revealed, with analysts linking the trend to the resurgent ...

The neo-lender has successfully completed its capital raise designed to fund the acceleration of its growth strategy.

The neobank has announced that Julian Sawyer, the co-founder of UK neobank Starling, has been appointed as a long-term adviser for Volt Bank.

The mortgage marketplace has announced that it has completed a capital raise designed to fund a shift in the group’s strategic direction.

An improvement in credit quality across Australia’s resource states has contributed to an overall decline in home loan delinquencies, according to the latest data from S&P.

Consumer confidence rose by 1 per cent week-on-week in the second week of January, following a 1.7 per cent fall in the first week of the year.

The “increasing frequency and severity” of natural disasters have highlighted growing risks to the credit quality of Australia’s residential mortgage portfolio, according to Moody’s Investor ...

Consumers in Australia reduced their total credit card balances by $2.45 billion in November 2019, bringing the level of debt accruing interest to its lowest point since 2006.

More lenders have pledged funds to bushfire relief efforts, including BOQ, while the Mortgage and Finance Industry Bushfire Relief fund has jumped in size and support.