Economy

Innovation is being ‘squashed’ within the financial sector by the big banks’ determination to maintain the status quo, according to a new Capgemini report.

Queensland-based mortgage manager Future Financial has recently integrated the portfolio of fellow mortgage manager Pioneer Mortgage Services.

A recent survey has shown some moderation in the country’s non-mining economic recovery, with the aggregate level of business conditions dropping in October.

Love him or loathe him, Donald Trump will be the next President of the United States. Mortgage industry pioneer Mark Bouris told brokers earlier this year how Trump’s rise from reality TV ...

A number of headwinds are putting the profitability of the major banks under pressure, and the run of record-breaking profits in recent years is likely to have ended, says EY.

A leading non-bank lender has successfully closed off its first public commercial mortgage backed securitisation (CMBS) transaction of $280 million.

Professional services giant KPMG believes Australia's major banks will be “invisible” in less than 15 years, by which time customer service call centres and branch networks will be ...

Westpac CEO Brian Hartzer has called on the state and federal governments to make the most of the current low interest rate environment to finance infrastructure projects that would boost ...

At a warehouse in Walsh Bay on Monday night a diverse group of start-ups, fintechs, angel investors and mortgage lenders gathered to discuss the future of financial services.

Fresh figures from CoreLogic have found that auction clearance rates nationally are holding well above 70 per cent for the 15th week running.