Economy

Small business lender Scottish Pacific has reinforced its commitment to one state through staff recruitment and the launch of a new office.

Standard & Poor’s Global Ratings has downgraded Australia’s credit outlook from ‘stable’ to ‘negative’, giving a one-in-three chance of a ratings downgrade from AAA within the next two ...

Heritage Bank has received top honours in the 2016 Mozo People’s Choice Awards.

Standard & Poor’s has affirmed the “strong” ranking assigned to Firstmac as a servicer of prime mortgages.

A new report has assessed more than 60 countries to determine which has the most competitive economy.

The prudential regulator is satisfied Australia’s major banks are now ‘unquestionably strong’ compared with their international peers, according to the benchmark set by the Financial System ...

ASX-listed lender DirectMoney is looking to further boost its lending and marketing capability by undertaking a capital raising.

Mortgage software company Decimal has appointed former NAB chief information officer Glenn Mescher to its newly created advisory board.

The weekend’s federal election results pose difficulties for the finance industry, with AMP warning of “greater policy uncertainty” under the next government.

ING Direct has made significant rate cuts on a number of its mortgage products for investors and owner-occupiers.