Economy

Two high-profile industry professionals are forecasting a rise in the number of foreign banks operating in Australia.

Pepper Group has experienced record loan originations and a 27 per cent increase in lending income over 2015.

Industry leaders believe a rate cut is on the cards, despite the Reserve Bank of Australia’s decision to keep the cash rate on hold at yesterday’s board meeting.

The Real Estate Institute of New South Wales has rejected calls to abolish negative gearing.

The Reserve Bank of Australia has announced the decision of its monthly board meeting.

The Reserve Bank of Australia has announced the decision of its monthly board meeting.

Teachers Mutual Bank has announced a range of home loan pricing changes, with new rates as low as 3.99 per cent.

An Australian bank and a credit union have revealed merger plans after signing a Memorandum of Understanding.

One of Australia’s leading economists has responded to recent reports claiming Australian banks fail to check proof of income when processing loan applications.

Experts have come to a unanimous agreement that the official cash rate will be left on hold at the Reserve Bank of Australia's monthly board meeting today.