Economy

The SME lender has announced that it has provided more than $1 billion in loans to over 19,000 SMEs in Australia and New Zealand. 

The banking industry is on track to meet its deadline to implement changes to how “tellers and sellers” are remunerated, an independent report commissioned by the ABA has concluded.

The wealth giant has caved to requests from Australia’s corporate watchdog to hand over documents relating to fees-for-no-service breaches.

More than a third of committed couples in Australia are not in financially healthy positions, according to a new study.

Housing credit growth has dropped “close to a historical low” at 4.4. per cent, impacting banks’ earnings growth and resulting in a “credit negative”, according to Moody’s Investors ...

There were 565 fewer auctions reported in the past week than in the corresponding period a year prior, new CoreLogic data has revealed.

Commonwealth Bank CEO Matt Comyn has been questioned over the lender’s continued use of home loan referrers outside the mortgage profession.

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.