Economy

A former major bank executive has said that the Australian banking model is heading for a “pivotal moment” that could impact profitability and threaten the positions of senior figures

The chief executive of an Australian bank has announced that he will “move on to new challenges”, with a replacement to be appointed in the new year.

Amid its recent well-documented struggles, McGrath Estate Agents has unveiled a dynamic new social advertising strategy as part of its focus on regaining lost market share and continuing ...

The mettle of Australia’s property obsession has withstood a barrage of forces that are failing to curb the enthusiasm of bullish investors across the nation.

Our appetite for alternative finance is on the rise. A KPMG report shows that the Australian alternative finance market grew by 53 per cent to $774 million last year.

A strong run in credit, listed equity and real estate across the Asia-Pacific region has led a global ratings agency to warn of escalating risks.

One of Australia’s largest non-major lenders has decided to remove fees so that no customer pays an ATM fee anywhere in Australia.

The Australian Bankers’ Association has taken the government to task for its seven-day consultation period on the Banking Executive Accountability Regime (BEAR).

Non-bank lender Pepper Group Limited has received an "improved proposal" from investment manager KKR Credit, which would allow Pepper to pay a fully franked special dividend of up to 10 ...

In a landmark move for Australian banking, the majors announced over the weekend that they have decided to abolish ATM withdrawal fees.