Economy

The federal Treasurer has formally tabled legislation introducing new rules and accountability measures for executives in the banking and financial services sector.

The Tasmanian lender has been given an investment grade rating of Baa1/P2 with a stable outlook from Moody’s Investor Services.

The financial services regulator has released its new National Financial Literacy Strategy for 2018 that seeks to “strengthen the financial capabilities of all Australians with the aim of ...

Former New Zealand Prime Minister Sir John Key has been named as the next chair of ANZ New Zealand following the retirement of John Judge next year.

Treasurer Scott Morrison has acknowledged Australia's debt risks but believes that lending curbs are working. The RBA, however, isn't so sure that they are.

A property finance lawyer has said that he does not believe that the Australian housing market is in a “bubble”. Instead, he describes it as “frothy”, comprising lots of “little bubbles”.

The Reserve Bank of Australia has announced that it will conduct a series of “top-down” stress tests on Australia’s banking system.

The Australian Bankers’ Association has resolved to nominate the CEO of a big four bank as chair at its annual general meeting in early December.

The latest research from Roy Morgan has found that 8 per cent of Australian mortgage holders have little or no real equity in their home.

Minister for Revenue and Financial Services Kelly O’Dwyer has strongly defended the government’s proposed Australian Financial Complaints Authority, despite criticism from one of the ...