Economy

The wealth manager has appointed two non-executive directors to its superannuation boards.

Banks could tighten their credit policies further in the wake of the release of the financial services royal commission’s interim report, the Reserve Bank has said.

There has been a significant increase in calls to debt assistance services by seniors this year, including those struggling with their mortgage repayments.

ANZ will be the only major without a banking agreement with Australia Post, after being advised that its contract has been terminated.

Falling property prices have driven an increasing number of mortgage holders out of positive equity, according to new research from Roy Morgan.

Most borrowers are concerned that they’ll never be able to pay off their mortgage, according to the latest research from ING.

The central bank has warned that an increase in the non-bank sector’s market share could pose a threat to financial stability.

The head of Australia’s largest bank has been forced to confront the devastating impact the group’s misconduct has had on the wellbeing of its customers.

Firstmac managing director Kim Cannon has urged the mortgage industry to recognise the role that non-banks play in the prime lending space.

On the back of recent political party debates over Australia’s housing affordability plans, Starr Partners CEO Douglas Driscoll said that Labor’s plans to limit negative gearing to new ...