Economy

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.

The CEO of a big four bank has outlined four major trends that are reshaping the organisation’s future.

A Federal Court ruling will see both ANZ and Macquarie Group pay multimillion-dollar penalties for attempted cartel conduct, according to the ACCC.

S&P Global Ratings has warned that nearly one in 10 corporate debt issuers around the globe could be downgraded if credit spreads return to levels seen during the financial crisis.

A Queensland-based bank has announced variations to fixed and variable home loan rates for both new and existing customers, including a seven basis point increase for existing residential ...

A challenger bank will hit property investors with a 15 basis point variable rate hike in the new year.