Economy

Slater and Gordon has filed a class action against AMP claiming compensation for more than 2 million people it alleges have been charged “excessive fees” on AMP superannuation accounts

An aggressive monetary policy strategy employed in response to rate cuts in foreign markets would be a “dangerous path to go down”, Reserve Bank governor Philip Lowe has said, calling on ...

APRA data revealing that the customer-owned banking sector is outpacing the major banks in the home lending space has been welcomed by a non-major.

Expected monetary policy adjustments in overseas markets could make it easier for banks to pass on cuts to the cash rate from the RBA, according to one economist.

Michael Andrew, a renowned tax and business leader, has passed away.

Two customer-owned banks have confirmed that they will merge next year to create “one of Australia’s largest nationally operating mutual banks”.

The Reserve Bank may be forced to rethink its monetary policy approach, with expected rate cuts in the US and Europe blurring the economic outlook.

Continued consolidation is needed to “neutralise” some of the disadvantages mutual banks face and compete on a more level playing field with the big four, a new S&P report has stated

Just 16 per cent of people choose to use a physical bank for their finance needs, with more than half of consumers opting to bank online, new research has found.

There’s a “very real chance” that the Reserve Bank will lower the cash rate three months in a row, according to ANZ Research.