Economy

Apr 28 2016

The recent scandals in the financial advice industry has had a detrimental impact on confidence in the financial advisory process, according to a new report.

Apr 28 2016

An AMP board member will postpone his retirement to become interim chairman of the group after it announced current chairman Simon McKeon will step down.

Apr 27 2016

As opposition calls for a royal commission into the banking sector mount, the Australian Bankers' Association (ABA) has hired corporate law firm Gilbert+Tobin to review the industry's ...

Apr 26 2016

Two Australian economists have warned that home loan fraud is rife in the banking system, alleging that lenders fudge loan applications and have “trashed” their own lending standards.

Apr 26 2016

A majority of banking executives believe financial services will soon become an inter-connected digital ecosystem, but only 13 per cent of them are prepared for the new world, according to a ...

Apr 26 2016

ASIC has permanently banned a Sydney finance broker from engaging in credit activities and providing financial services.

Apr 22 2016

The RBA has warned that a fall in Chinese demand for Australian property could have serious consequences for local lenders. New figures suggest the slowdown has already begun.

Apr 22 2016

Sluggish growth combined with severe market turmoil has heightened the risk of the global economy heading towards recession, one economist has warned.

Apr 22 2016

St George at Barangaroo has become the first bank branch and the first retail fit-out in Australia to receive a 6 Star Green Star – Interiors rating from the Green Building Council of ...