Economy

SME lender Judo Bank has raised $400 million in its second-round equity raise, double its initial target of $200 million.

The federal government has revealed that it has collected over $1 billion as a result of its efforts to prevent foreign property investors from evading capital gains tax.

The next pick-up in residential construction will be led by a spike in non-residential investment in the resource states of Queensland and Western Australia, according to a new analysis from ...

Marketplace lender Wisr has partnered with employee management company Smartgroup to extend the distribution of the lender’s financial wellness products to workforces across Australia.

The non-major is the latest lender to announce changes to its home lending policy, amid a wave of revisions that could increase borrowing capacity by up to 23 per cent, according to a new ...

RBA governor Philip Lowe has said that it is “reasonable” to expect an “extended period” of low interest rates, adding that it is “highly unlikely” that the central bank would consider hikes ...

The corporate regulator has confirmed that it will commence civil court penalty proceedings against the big four bank.

Debt-to-income ratios will likely play a larger part in increasing mortgage application rates than serviceability changes, the CEO of banking and wealth at Suncorp has said.

The Commonwealth Bank of Australia has cut savings rates by up to 25 basis points for its savings accounts, becoming the final big four bank to announce its changes.

The prudential regulator has required several banks to tighten their intra-group funding arrangements after they were found to be in breach of prudential standards.