Economy

Oct 18 2017

The financial services regulator has released its new National Financial Literacy Strategy for 2018 that seeks to “strengthen the financial capabilities of all Australians with the aim of ...

Oct 18 2017

Former New Zealand Prime Minister Sir John Key has been named as the next chair of ANZ New Zealand following the retirement of John Judge next year.

Oct 18 2017

Treasurer Scott Morrison has acknowledged Australia's debt risks but believes that lending curbs are working. The RBA, however, isn't so sure that they are.

Oct 18 2017

A property finance lawyer has said that he does not believe that the Australian housing market is in a “bubble”. Instead, he describes it as “frothy”, comprising lots of “little bubbles”.

Oct 17 2017

The Reserve Bank of Australia has announced that it will conduct a series of “top-down” stress tests on Australia’s banking system.

Oct 16 2017

The Australian Bankers’ Association has resolved to nominate the CEO of a big four bank as chair at its annual general meeting in early December.

Oct 16 2017

The latest research from Roy Morgan has found that 8 per cent of Australian mortgage holders have little or no real equity in their home.

Oct 16 2017

Minister for Revenue and Financial Services Kelly O’Dwyer has strongly defended the government’s proposed Australian Financial Complaints Authority, despite criticism from one of the ...

Oct 13 2017

The Bank of Queensland has highlighted the strength of its broker-originated volumes and Virgin Money mortgage business after posting a 5 per cent increase in cash earnings to $378 million