Economy

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.

The financial services provider has announced the appointment of a new non-executive director to its board, as it continues to “rebuild” following revelations of misconduct identified by the ...

The Reserve Bank has outlined how Australia’s banks, which have traditionally relied on foreign markets for funding, have grown increasingly reliant on domestic deposits.

Political changes in Italy have wreaked havoc on markets, but the issues are likely to reach boiling point on 20 September, according to AMP Capital chief economist Shane Oliver.

The Mortgage Business Uncut podcast is your weekly analysis of the biggest themes shaping the Australian mortgages market.

Small business lender Prospa has indefinitely delayed its float on the Australian Securities Exchange after consulting with its investment bankers.