Economy

Bendigo and Adelaide Bank has announced changes to the group’s executive structure and team, centring around three key customer groups — consumer, business and agribusiness.

Five Australian lender s have agreed to improve their compliance measures and controls for deposit accounts, following an industry-wide review from the corporate watchdog.

A non-major lender has reported a 6.2 per cent rise in home lending, despite “high levels of competition, aggressive pricing across the industry, and slowing system growth”.

The total compensation bill for fees-for-no-service breaches in the financial sector could blow out to more than $850 million, Australia’s corporate regulator has revealed.

Reserve Bank governor Philip Lowe has said the central bank will be keeping a close eye on developments in credit and housing market conditions amid a sharp monthly decline in housing ...

Out-of-cycle rate rises are expected to continue, this time from the big four banks, according the majority of respondents to a new survey.

The Reserve Bank of Australia has announced its cash rate determination for the month of August.

Members of the finance and mortgage industry have voiced concern and frustration that they may have to pay two separate EDR membership fees this year, despite the ombudsman services merging ...

Increasing housing supply could improve affordability for first home buyers, according to the majority of respondents to a recent survey.

The NSW Premier is being called on to recognise that the state is facing a homelessness crisis that should be given the same urgency as a natural disaster.