Economy

The Reserve Bank of Australia has announced its cash rate verdict for April, defying most of the industry’s expectations.

The Reserve Bank of Australia has reduced the official cash rate for the first time in over seven years, bringing it to a new record low.

Six of Australia’s largest non-major banks have cautioned the Productivity Commission over its recommendation to introduce a loan comparison tool, which the lenders claim could “mislead ...

If the Reserve Bank of Australia leaves rates on hold today, it will be the longest stretch in the country’s history without a change in the official cash rate.

Financial institutions found guilty of rigging financial benchmarks or a product used to determine benchmarks will be slapped with civil and criminal penalties of up to $9.45 million under ...

A major bank executive has revealed how the group is competing with tech giants like Google for top talent.

The new digital lender has raised $2 million from more than 1,000 investors via equity crowdfunding platform Equitise.

An e-lodgement solution developed by Simpology is fast gaining traction among lenders and aggregators, with user numbers growing tenfold in less than a year.  

Legislation to enforce mandatory comprehensive credit reporting (CCR) has been introduced into the Australian Parliament on Wednesday by Assistant Minister to the Treasurer Michael Sukkar

The bank has released its results for the 2017 calendar year, reporting a 9.9 per cent rise in loans and an 18 per cent profit increase.