Economy

The big four banks have responded to the royal commission’s call for a definition of what it means to act “fairly and reasonably” towards a customer in “a consistent and ethical manner”

The federal government, industry analysts and the Reserve Bank have weighed in on the impact of the recent slowdown in credit growth and weakness in the housing market.

Raising the private cost of “bad behaviour” for companies is key to deterring it, the chair of the ACCC has said.

Wealth management specialist Geoff Lloyd has been announced as the new chief executive of MLC, following NAB’s decision to exit its wealth management business.

Not a single bank boss made it into the top 10 list of the Australian Council of Superannuation Investors’ CEO Pay survey for 2017–18.

The impending Consumer Data Right could iron some of the kinks out of the home loan application process, the chair of the ACCC has suggested.

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.