Economy

Aug 23 2017

Three of the four major banks have taken issue with Treasury proposals that would give APRA the power to adjust remuneration and remove executives from their roles.

Aug 23 2017

Eighty per cent of working-age Australians are feeling stressed about their finances, new research from the Financial Planning Association of Australia reveals.

Aug 22 2017

The Australian Bankers’ Association has vowed to take the South Australian government to the High Court if the government’s proposed bank tax is legislated.

Aug 22 2017

The flow of interest-only lending has fallen from 52 per cent in the second quarter of 2017 to 44 per cent in the most recent quarter, Westpac has reported.

Aug 22 2017

Both bankers and brokers are at risk of being "performance managed" or "transitioned" out of their respective industries if they don't meet targets, reports obtained by the ABC allege.

Aug 21 2017

The importance of ethical practices in the finance sector is coming more to the fore as brokers and clients increasingly question the actions of banks.

Aug 21 2017

There is simply “too much evidence” that a royal commission into the Australian banking sector is required, says former Labor federal politician Bernie Ripoll.

Aug 21 2017

Property valuers are now calling the end of the Sydney real estate boom after years of double-digit price growth, claiming at the same time that the Melbourne market is reaching its peak.

Aug 21 2017

The number of houses that sold for less than $400,000 across Australia has fallen to 31.2 per cent, down from 62.4 per cent in 2007, CoreLogic reports.