Economy

Aug 12 2016

A new survey has revealed that when it comes to achieving key life milestones, Gen X and Gen Y are experiencing more financial difficulty than older generations.

Aug 11 2016

In his final speech, outgoing RBA governor Glenn Stevens said it may take “a moment of crisis” for a hard-nosed conversation on the reality of our economic situation to occur.

Aug 11 2016

The banking industry has welcomed the opportunity for the big four banks to appear annually before the House of Representatives Economics Committee, but the Australian Bankers’ Association ...

Aug 10 2016

The CEO of a big four bank says the group’s decision not to pass on the full cash rate cut and instead lift deposit rates is part of a “complex formula” the lender must solve.

Aug 10 2016

New-to-industry broking group MoneyQuest has announced it is expanding its service portfolio to include buyer advocacy, vendor advocacy and property management.

Aug 9 2016

One of Australia’s largest regional banks has reported positive home loan growth over the 2016 financial year but record-low rates are beginning to squeeze its margins.

Aug 9 2016

The dovish Reserve Bank of Australia could cut the cash rate again in November if current trends continue, according to AMP Capital.

Aug 9 2016

Tax professionals should be wary of potential tax scams targeting their clients at this point in the tax calendar, with the Australian Competition and Consumer Commission reporting losses of ...

Aug 8 2016

A Sydney-based mortgage manager and a Gold Coast non-bank lender will unite to form one group as the non-bank sector continues to consolidate.