Economy

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.

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

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.

Legislation to implement the federal government’s First Home Loan Deposit Scheme has now passed through the Senate, after opposition amendments were made to incorporate proper review of the ...

September quarter auction clearance rates are at the highest levels seen since the June 2017 quarter, recording a rate above 70 per cent for the last seven weeks of the quarter.

The ABS has reported an investor-driven “pop” in home loan activity, which, according to ANZ Research, could be a cause for “concern” for the Reserve Bank.

Calls to prohibit the use of personal guarantees to support LRBAs fail to acknowledge the prominence of this practice with almost all lending to small businesses, according to Thinktank.

The CEO of a mortgage aggregator has dismissed claims that APRA’s serviceability changes have had a “small” contribution to credit growth, amid new data revealing a continued rise in ...

The non-major has appointed a new chief financial officer and chief operating officer, following the announcement of Matt Baxby’s resignation in June.

A decline in property prices in some capital cities has reduced the time needed to save for a deposit, particularly in Sydney.