Economy

Jan 29 2019

The chief economist of a building association has noted that new home building in Australia could be facing its “toughest year in almost a decade” with declining house prices and the fallout ...

Jan 29 2019

Most Australians are not taking enough small steps to improve their financial situation despite it being one of the top things they care about, a new report has found.

Jan 25 2019

All of Australia’s five major housing markets have been classed as “severely unaffordable”, with its median house price 5.7 times the nation’s median household income, according to a new ...

Jan 25 2019

The ABA has told government that the upcoming Consumer Data Right could have a “revolutionary impact” on competition, but privacy should be prioritised.

Jan 24 2019

Shadow Treasurer Chris Bowen has written to Treasurer Josh Frydenberg urging him to release the final report from the financial services royal commission upon receipt rather than delaying.

Jan 24 2019

The financial services royal commission will “undoubtedly” set a new wave of compliance burdens in motion, which could deliver “unintended consequences”, according to a banking fintech

Jan 24 2019

While AI promises to transform the property purchasing and selling process, including compliance, lenders have been “fairly slow” in leveraging its potential, a CoreLogic executive has said

Jan 23 2019

Financial institutions in Asia Pacific will face myriad challenges and risks in 2019 and Australia is no exception, a new S&P report has warned.

Jan 22 2019

Volt Bank has been granted a full banking licence, becoming the first retail challenger bank to receive a full ADI since the early 2000s.