Economy

The most expensive segment of the property market has experienced the sharpest fall in dwelling values over the past 12 months, according to the latest CoreLogic research.

Recent reports suggest that the recent rate hike in the US will impact Aussie mortgage rates. Meanwhile, pricing has become the default lever to cool credit demand amid regulatory pressure. ...

The Reserve Bank governor has pointed to both cyclical and structural features to explain why wages aren’t growing.

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.