Economy

The managing director of a non-major lender says M&A activity in the mutuals space is “inevitable” and has revealed the bank’s future acquisition plans. 

Fresh figures have revealed that the current low interest rate environment continues to drive demand for fixed rate home loans, which accounted for 20.32 per cent of all loans written in ...

An esteemed American economist and Nobel Laureate says slow growth and the climbing capital shortfall of international financial groups poses a serious risk to the global economy.

One of Australia’s biggest banks has refunded approximately $20 million to 820,000 customers for failing to clearly disclose the types of credit card transactions that attract foreign ...

Master Builders Australia CEO Wilhelm Harnisch says the recent surge in building approvals is nothing to be concerned about.

Fintech company Avoka, which provides digital customer acquisition services for financial services companies, has achieved a record level of orders in fiscal 2016.

The head of one of Australia’s largest banks has defended the group’s position on passing on cash rate movements and addressed calls for a royal commission in a frank message to shareholders

Prior to listing on the ASX this week, crowdfunding platform CoAssets told Mortgage Business about its plans to disrupt the Australian lending space.

Living Super, ING Direct's super product, will compensate 24,500 of its members $5.38 million in fees after ASIC raised concerns about misleading marketing material.

The RBA is likely to cut the official cash rate to 1.25 per cent on 1 November if domestic inflation figures are lower than expected, says AMP Capital.