Economy

A parliamentary committee fears that consumers were led to believe the major banks lifted interest-only rates for the sole purpose of meeting regulatory requirements.

The prudential regulator has appointed a former executive of Deutsche Bank to a newly established role.

The House of Representatives standing committee on economics has recommended that the ACCC assess the pricing decisions of interest-only mortgages earlier this year.

The ASX has confirmed that it will replace CHESS with a solution developed by Digital Asset after spending more than two years exploring distributed ledger technology.

First home buyers are as active as ever in the Australian housing market, but they are spending more time saving for increasingly higher deposits, new data from Bankwest has revealed.

Demand for new houses across Australia’s eastern seaboard has peaked and is set to decline, a new report has suggested.

Lawyers representing non-bank lender Firstmac have warned that if the proposed merger between Finsure and ASX-listed ADI Goldfields Money goes ahead, it will leave shareholders with a ...

The cash rate for December has been announced by the Reserve Bank of Australia following its regularly scheduled monthly board meeting.

The cash rate has hit a new record low, after the Reserve Bank of Australia shocked many by changing the cash rate for the first time in 15 months.

The cash rate for December has been announced by the Reserve Bank of Australia, surprising many industry commentators.