Economy

The prudential regulator has announced that it has authorised a new Chinese-based bank to operate in Australia.

New Zealand’s central bank is confident enough in the nation’s financial stability to pull back on lending restrictions from January for both owner-occupiers and investors.

‘Tis the season of scams and there are three common ones to be especially wary of, warns Australia’s consumer watchdog.

The “manufactured” downturn in the credit and housing market is set to continue in 2019 with no signs of easing, according to CoreLogic.

The psychology of the credit and housing market has flipped from perpetual optimism to one of caution, with a sharper slump in sentiment likely to ensue if further regulation is introduced, ...

Australians are prepared to miss out on their dream home if it means living in an ideal location, according to new research from a non-bank lender.

A new Australian fintech is set to enter the mortgage market in the new year once it completes its acquisition of a UK-based non-bank lender.

Most mortgage holders won’t cancel or downgrade their holiday plans, even if interest rates rise by 25 basis points, according to new research.

The non-major lender has announced that a former Westpac state manager has been appointed as HSBC Australia’s new head of retail banking and wealth management.

A non-major bank has announced the appointment of its inaugural chief technology officer and a former Commonwealth Bank executive as its new chief financial officer.