Economy

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.

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.