Economy

Prime Minister Malcolm Turnbull has announced that the government will launch a royal commission into the banks, after the four major banks called for a “properly constituted inquiry” into ...

Standard and Poor’s has released a new Australian banking sector update which reveals that both house prices and private sector borrowing imbalances are still exposing the banks to risk

The OECD has forecast the official cash rate to “tighten” over the coming year, triggering a correction in real estate prices.

Rabobank Australia has appointed Sir Henry van der Heyden as its new chairman, replacing Bill Gurry who will be retiring from the board.

Details of the proposed merger between an ADI and a major aggregator suggest that an innovative home loan offering is on the cards.

After pulling out of the market to meet its regulatory obligations, AMP Bank has announced that it is back and willing to lend.

An ANZ-commissioned study has revealed that people living with disability are vulnerable to financial and digital abuse.

Broadcaster and journalist Peter Switzer has predicted that Australia will go into recession in 2019/20 due to the “historically low” interest rates.

A Bloomberg report has pointed to data from the Australian Bureau of Statistics and CoreLogic suggesting that Australia’s “housing frenzy” is over.

New data analysis by CommSec has identified how the size of new homes has changed significantly over time.