Economy

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.

New findings suggest that rising property prices and negative media about home finance markets are scaring young Australians off entering the property market.

One of Yellow Brick Road's chief executives will step down from his position in September.

Three banks have announced major changes to their mortgage pricing, with one cutting rates by up to 70 basis points.

Industry thought leader John McGrath has appointed a new chief executive as he looks to devote more energy towards growth and innovation of the ASX-listed real estate and mortgage group.