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Economy

22 October 2019

The online SME loan comparison platform has announced that it has closed a $12.5-million series B equity funding, with Salesforce and ANZ supporting the funding round.

22 October 2019

Capital city preliminary clearance rates decreased marginally from last weekend but remained relatively steady week-on-week.

21 October 2019

The central bank may put its march into negative rate territory on hold in light of the latest labour market data, but quantitative easing remains on the table, according to analysts. 

21 October 2019

The ABA and a publishing company joined hands to launch a campaign to stop elder financial abuse.

18 October 2019

The chairman and CEO of a non-major bank has called for an end to political “point scoring” at the expense of Australia’s banking system, amid continued scrutiny over the industry’s mortgage ...

17 October 2019

A Coalition MP has revealed that the 10,000-loan cap for the government’s FHB scheme was designed to appease LMI providers, in the heat of debate surrounding the details of the bill.

17 October 2019

The federal government has been urged to take “immediate action” on the reform agenda set by the banking royal commission.

17 October 2019

With open banking due to be introduced in February 2020, Deloitte studied how consumers are likely to react to the sharing of their banking information.

17 October 2019

The prudential regulator has proposed major banks with large investments in New Zealand should increase capital.

16 October 2019

The chief executive of a non-major bank has called on the ACCC to remove the “too big to fail” advantage of the big four banks, amid the launch of the new mortgage pricing inquiry.