Economy

Jan 19 2018

The latest independent governance expert’s report on the Australian banking industry’s package of reforms has confirmed that the industry has begun to implement initiatives to address ...

Jan 19 2018

HSBC Australia chief economist Paul Bloxham has said that a wave of global growth is gaining momentum and should support Australia’s economy in a number of ways.

Jan 19 2018

Mortgage professionals are blaming tighter credit and increased stamp duty for the significant slowdown in residential property demand among Chinese buyers.

Jan 19 2018

The Australian housing market is continuing to “slip”, according to a new report from analysts at investment bank UBS.

Jan 18 2018

Trust in the banking sector has improved, according to the latest Edelman Intelligence survey commissioned by the Australian Bankers’ Association.

Jan 17 2018

Uncertainty in the Australian mortgage market has prompted concerns over bank profitability from global ratings agency Fitch Ratings.

Jan 17 2018

A new report by EY titled Innovation in Financial Inclusion has revealed a “potentially significant growth opportunity for banks” within emerging markets by servicing financially excluded ...

Jan 17 2018

State government policy changes have led to a significant increase in housing finance approvals for first home buyers, according to fresh data from the Australian Bureau of Statistics.

Jan 17 2018

The Housing Industry Association has warned that state and territory governments’ dependence on rising stamp duty revenue is the worst it’s been in a decade, placing added pressure on ...