Economy

Australia's capital city achieved the strongest house price growth over the June quarter, hitting a record median price along with two other capital cities.

A proposed merger between two of of the country's largest non-banks would result in a combined loan book worth more than some Australian banks.

Mortgage software provider SuiteBox has announced the appointment of its new chief technology officer as the company looks to ramp up its presence in Australasia over the next six months.

Australia’s current fiscal policy is “on the wrong path” and changes are needed to ensure public debt remains manageable, according to HSBC.

Two non-bank lenders have today entered into a scheme implementation agreement to create one of Australia’s largest non-bank lenders.

A major loan deal between two of Australia’s largest lenders helped bolster the value of corporate deals in the financial services sector in the 2016 financial year.

Changes to the Privacy Act that make it mandatory to report serious data breaches could have grave reputational consequences for financial institutions, says KPMG.

Australia’s capital city housing market has been “extremely interest rate-sensitive” since the GFC, according to a new data by CoreLogic.

Confidence among Australian businesses is back above the five-year average, according to the latest figures from Roy Morgan Research.

Low interest rates and rising household debt are placing pressure on major banks and skewing risk to the downside, according to Moody’s Investors Service.