Economy

The Bank of Queensland has announced that it has been made aware of a personal data breach by a third party provider.

Yellow Brick Road Holdings Limited has announced a $34.15 million net loss after tax after writing off the goodwill of its wealth and lending businesses.

The Commonwealth Treasurer has sought to ward off suggestions that the economy is headed for a recession but has warned that Labor’s housing policy could trigger a deeper downturn.

Non-ADIs should be mandated to participate as data holders in the open banking regime, as they too offer the same products as ADIs, according to a representative from COBA.

The non-major bank revealed that it is purchasing a building in Sydney’s CBD to relocate its head office.

The proportion of income required to service a mortgage has increased despite the continued fall in residential dwelling valuers, according to new research.

The downturn in the property market is “manageable” and will not impede economic growth, Reserve Bank governor Philip Lowe has said, despite some analysts accusing the central bank of ...

The four major banks have all announced that they will suspend loan repayments for customers affected by the bushfires in Victoria, among a range of other relief assistance.

A representative from the ACCC has rejected the idea that the impending Consumer Data Right could make the big four banks even more powerful in the mortgage market.

Xinja Bank has announced that it has raised $2.6 million from over 1,500 investors in its second equity crowdfunding campaign.