Economy

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.

The Australian and New Zealand arms of credit reporting agency Equifax has reassured industry that it was not affected by the recent cyber security incident in the US.

Private equity firm Five V Capital has led a $10.5 million capital raising for peer-to-peer lender RateSetter Australia.

OPINION: Fresh warnings from the Reserve Bank of Australia about the nation’s love affair with debt suggest that the problem originated years before lenders felt the long arm of APRA.

A Sydney man has been permanently banned by ASIC from financial services and credit in connection with property and SMSF spruiking.

According to the recent trail book opinion survey conducted by Momentum Intelligence, 32 per cent of mortgage brokers considered competition as the biggest hurdle to business growth.

The Australian banking industry has developed what it calls a “recipe for a successful open banking regime” to radically change the customer banking experience.

Reserve Bank of Australia governor Philip Lowe is worried about what will happen to highly leveraged Australian households when rates return to “normal” levels.