Economy

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 ...

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 ...

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.

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 ...

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.

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

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.

PGIM Real Estate has appointed Stephen O’Keeffe to head up Australian real estate debt investments.

Home loan demand has dropped for the fifth consecutive month, driven by a continual fall in investor lending activity, new ABS data has revealed.

The banking industry body has urged for “more to be done” to detect and prevent the financial abuse of elderly Australians.