Economy

An increasing number of Australians are obtaining home loans from non-bank lenders, bypassing higher interest rates offered by traditional lenders, new ABS data has revealed.

Housing affordability pressures are prompting 18 per cent of Australians to consider “renting for life”, according to new research.

The prudential regulator claims that its actions are “only one factor” impacting the supply of home loans and that credit growth has actually increased since the introduction of ...

Australia’s impending Consumer Data Right is an “ambitious” policy and one that will pave the way for “exciting” innovations in finance and beyond, according to a fintech CTO.

The head of the Australian banking regulator has explained how slower wage growth has meant lenders can no longer factor in steady pay rises when determining a borrower’s ability to service ...

A group of investors have assumed a financial stake in the business and client management software provider.

The culture, governance, remuneration practices and inadequate internal systems at some banks have led to misconduct and failed to meet community expectations, according to the counsel ...

The non-bank lender has changed its substantial holding in an Australian bank that has partnered with a broking group and launched a new online banking platform.

Two non-major banks have ranked in the top 10 most trusted brands in Australia, according to a new survey conducted by Roy Morgan.

One key factor of profitable banking is to lend long and borrow short with adequate control of pricing margins. However, replenishing the supply of liabilities is a much more important ...