Economy

The Australian Payments Network has revealed that Andy White will take over the reigns as its new chief executive.

Australia’s newest bank has partnered with wealth management platform Spitfire to enable its clients to access its soon-to-be launched deposit products.

AMP Capital has announced the appointment of Marsha Beck to its newly created role of managing director Australia.

The Prime Minister has said that he wants to “see people face consequences for their actions” in respect to misconduct in the financial services sector, following suggestions some players ...

A non-major bank has reported a slight growth in its residential mortgage lending portfolio in H1 FY19 against the backdrop of a “challenging” environment.

Non-bank mortgage provider Resimac has announced it will group credit bureau listings as single ‘credit events’ to make applying for a mortgage easier.  

AFCA has announced the appointment of a former Victorian Small Business Commissioner as its first dedicated small business ombudsman.

The federal government has announced it will “take further action” to compensate customers affected by historical misconduct, including by awarding $30 million in compensation to 300 ...

Commissioner Hayne’s recommendations do “less than the bare minimum” to protect and educate Indigenous Australians, a not-for-profit financial literacy foundation has criticised.

Organisational culture, governance and remuneration arrangements are interconnected, so failings in one area could impact the others, according to Commissioner Hayne.