Economy

Leaders of several fintech groups have said the “significant friction” that exists within the traditional banking and finance system has made it “ripe for disruption” from technological ...

Reserve Bank governor Philip Lowe has indicated that rate cuts could be off the table as cheap money fuels record-high levels of household debt.

The majority of Australians are concerned that they will not have enough money to retire comfortably, new research has revealed.

Following the launch of its new banking technology, mortgage broking and banking solution company Rubik Financial has announced the signing of its first Rubik Model Bank client.

Global banks are under "tremendous" pressure from investors to boost return on equity (ROE) at the same time as regulators are increasing their capital requirements, says EY.

The growth of the economy in the country’s two largest capital cities is slowing, according to new research.

The prudential regulator has cautioned banks about the temptation to “save a few pennies” and drive growth in a low-interest rate environment by resorting to risky behaviour.

Outgoing CBA chairman David Turner says the group is concerned about the growing number of people questioning their trust in the organisation.

New research has found that in recent years Hobart and Canberra have been experiencing higher rental yields and accelerating growth, closing in on year-on-year top capital performers Sydney ...

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