Economy

The non-major lender has dropped interest rates on its variable owner-occupied and investment home loan offerings amid “intense” competition.

A recent poll has shown that wealth is a subjective term, with some Australians believing that being “wealthy” means you’re earning between $60,000 and $80,000.

The wealth giant has announced the permanent replacement of interim CEO Mike Wilkins.

The RBA’s assistant governor for financial system, Michele Bullock, has said that she is “disappointed” by the major banks’ slow progress with the New Payments Platform, but that she does ...

Funding cost pressures are set to continue, placing further pressure on smaller banks in a “very competitive” lending landscape, the CEO of a non-major bank has said.

Homeloans Ltd has entered into a “strategic partnership” with a Macquarie-backed fintech, which has been founded by two former NAB executives in a bid to take a “bigger slice” of the ...

The Australian Securities Exchange has announced that it has invested nearly $7 million into electronic property conveyancing and settlement venture Sympli Australia as part of a 50 per cent ...

All of Australia’s capital cities have been sensitive to housing market cycles over the past three decades, with price growth dominance shared across the country, according to new research

Smaller lenders “remain constrained” by the “unfair playing field” benefitting the larger banks, the CEO of a non-major lender has said.

The New Zealand-based banking group’s proposed restructure will see its burgeoning Australian reverse mortgage business freed from the central bank’s capital requirements and poised for ...