Economy

The global fintech phenomenon threatens to steal the big four banks’ most valuable customers, a new report by Roy Morgan Research has warned.

WA-based bank Goldfields Money has announced that it has successfully completed a capital raising that will help loan book growth and further progress its digital banking transformation.

Two major banks have responded to recent reports of suspected fraud by mortgage customers who rely on income from overseas.

A Queensland-based lender has announced it will change its trading name in an attempt to secure future growth and remain relevant with members.

The Australian Bankers Association (ABA) says the federal government’s review into external dispute resolution schemes in the finance sector will go hand-in-hand with its new measures aimed ...

Yellow Brick Road has today announced its lowest ever variable home loan rate after passing on the RBA’s full rate cut.

The Supreme Court of Queensland has approved the first merger between an ASX-listed bank and a mutual ADI in more than 10 years.

The banks’ unwillingness to provide cash flow lending to SMEs will condemn the federal government’s asset write-off provisions to failure, a leading fintech expert has warned.

The 2016 federal budget has been met with mixed reviews. However, it was generally good news for business owners in the mortgage and real estate industries.

Treasurer Scott Morrison has announced the appointment of a new governor of the Reserve Bank of Australia.