Economy

Financial literacy improving among mortgagors
7 August 2019
Financial literacy

New research has suggested that Australians are more in the know about their home loan rates, but more can be done to improve financial literacy. 

MyState CFO resigns
7 August 2019
MyState Bank

The Tasmanian bank has announced the resignation of its CFO, David Harradine, who has served the company since 2015.

Cash rate sinks to new low
6 August 2019
Cash rate sinks to new low

The Reserve Bank’s monetary policy board has lowered the cash rate for the third consecutive month, dropping it to a new record low.  

RBA reveals cash rate decision - Aug 2019
6 August 2019
RBA reveals cash rate decision - Aug 2019

The central bank has announced its cash rate verdict for the month of August following its monetary policy board meeting.

SME loan marketplace partners with new financier
6 August 2019
Partnership

Small-business loan marketplace ebroker has announced that it has secured a new partnership with a non-bank lender in response to rising demand for asset finance. 

Sydney price correction ‘close to an end’
6 August 2019
Sydney

The NSW capital’s auction clearance rate hit its highest point in over two years last month, suggesting a market rebound, a new Domain report showed.

Banks pay $119.7m in compensation
6 August 2019
Australian money

Australia’s five biggest banks have paid a combined $119.7 million in compensation to date to customers affected by non-compliant financial advice.

LATEST PODCAST: Is the housing market stabilising?
5 August 2019
LATEST PODCAST: Is the housing market stabilising?

Join Annie Kane and Charbel Kadib as they delve into the latest themes and developments in the home loan market.

Financial sector to face new probe
5 August 2019
Josh Frydenberg

The federal government has launched a new inquiry into the financial services industry's response to the banking royal commission.

Parliament greenlights CDR bill
5 August 2019
Parliament house

Legislation to introduce the Consumer Data Right has passed both houses of Parliament, in a move which, according to stakeholders, could “dramatically increase competition” in the financial ...