Economy

Oct 20 2016

The prudential regulator has revealed it will investigate the remuneration practices of banks, insurance companies and superannuation firms as it looks to promote good risk culture.

Oct 19 2016

A leading financial services executive has been appointed CEO of a newly-licenced Australian bank.

Oct 19 2016

The Reserve Bank of Australia has said that the nation’s banks remain “well placed to address the risks they face” despite their performance having deteriorated from a “very strong position” ...

Oct 19 2016

The chairman of one of Australia’s largest mortgage brokerages has slammed proxy advisers who recommended shareholders vote against the ASX-listed group’s remuneration package.

Oct 19 2016

The Australian mortgage market is on track to deliver a record year of RMBS issuance, but investors are keeping a close eye on how changes to mortgage broker remuneration could impact credit ...

Oct 19 2016

Australian house prices are facing a downswing over the next two years, but a crash in prices remains unlikely, according to a leading economist.

Oct 18 2016

The non-major bank has announced changes to its retail home lending special offers, improving variable discounts for new customers.

Oct 18 2016

The managing director of a bank that recently launched a new rate tracker home loan has said that he doesn’t believe this type of product should be mandated.

Oct 18 2016

The Queensland government’s First Home Owner Grant, which was recently boosted from $15,000 to $20,000, has provided limited support where it is needed most, according to the REIQ.