Economy

Jun 15 2018

Recent reports suggest that the recent rate hike in the US will impact Aussie mortgage rates. Meanwhile, pricing has become the default lever to cool credit demand amid regulatory pressure. ...

Jun 15 2018

The Reserve Bank governor has pointed to both cyclical and structural features to explain why wages aren’t growing.

Jun 15 2018

Market concentration in the banking sector will limit the impact of profit loss incurred as a result of tighter underwriting standards introduced amid the financial services royal ...

Jun 15 2018

The corporate regulator has raised concerns over a “cultural issue” within the banking and financial services sector, claiming that the conduct of the banks does not reflect their ...

Jun 15 2018

Financial services of the future will be designed around human behaviour rather than simply being a digitisation of existing processes, according to a futurist and fintech founder.

Jun 15 2018

A fintech lender has announced that it will inject $50 million in the Australian student loans market, in an attempt to fill a void that it believes has been left open by the federal ...

Jun 14 2018

The advent of fintech platforms, new mortgage models and digital banking will “result in the breaking apart of the whole universal banking model as a concept”, a futurist has argued.

Jun 14 2018

Three banks, including two majors, have responded to allegations of responsible lending breaches put forward by the financial services royal commission.

Jun 14 2018

S&P Global Ratings believes that recent developments in the Australian banking sector highlight weaknesses in the effectiveness of the regulation and conduct of the banking sector.