Economy

The number of property transactions across NSW have hit a four-year low as homeowners elect to undertake renovations rather than sell their properties in a bid to avoid stamp duty.

Australia’s largest non-bank lender has priced a $145 million issue of RMBS at 130 basis points over the bank bill swap rate.

A senior government official has delivered an update on the latest financial policies installed by Labor officials, calling out instances of bank misconduct as “disappointing”.

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.