Economy

Companies that embrace digital disruption will dominate investment portfolios in the coming decade, according to fund manager Capital Group.

The decline in sentiment among investors has trickled into the owner-occupier space, where housing approvals have fallen to the lowest levels in eight years, according to an ANZ analysis of ...

A big four bank has been fined $3.3 million, escaping a $58 million penalty proposed by the corporate regulator.

Professional services company KPMG has flagged concerns over a potential surge in mortgage arrears.

Conflicts of interest can significantly influence the type of advice provided to clients, regardless of the adviser’s intention, a professor has told the royal commission.

Three of the big four banks have expressed support for the Household Expenditure Measure, in response to concerns raised by the financial services royal commission.

The big four bank has reported “below system” mortgage growth, a rise in home loan arrears and a $150 million drop in its cash profits.

The Reserve Bank has “surprised” the market with its “upbeat” economic outlook, which could be a “precursor to a rate hike in relatively short order”, according to ANZ Research

Initiatives aimed at increasing innovation and competition, particularly from non-bank lenders, are starting to “chip away” at the “entrenched position” of the major banks, new reports have ...

NSW Treasurer Dominic Perrottet has announced “significant” stamp duty reform designed to “reduce the tax burden on home buyers”.