Economy

A non-major bank has announced two key appointments to its senior executive team.

Recent research has revealed that Victoria experienced the “largest ever” net inflow of people on record.

A regional bank has paid infringement notice penalties totalling $270,000 together with remediation of $260,000 after ASIC found it breached important consumer protection provisions.

Non-bank mortgage originators have recorded the greatest improvement in arrears over the last five years while the quality of major bank home loans has deteriorated in recent months, ...

Activity in the non-residential building and construction work sector is likely to improve next year and play a “bigger role in rebalancing the economy”, marking the end of the mining ...

Treasurer Scott Morrison has announced that Carol Schwartz will join the board of the Reserve Bank as a part-time member.

Weakening activity in new home building will be offset by home renovations work over the next few years, according to recent research by the Housing Industry Association.

The chairman of National Australia Bank, Dr Ken Henry, has said that – despite widespread belief that the big four banks are ‘too big to fail’ and would be bailed out by government if needs ...

A leading economist has outlined the positives of a US rate hike for Australia, including downward pressure on the Aussie dollar.

Prime Minister Malcolm Turnbull has made the case for the export of Australian funds services and the establishment of Melbourne and Sydney as financial hubs.