Economy

The Basel Committee on Banking Supervision has proposed a greater reliance on credit ratings agencies in determining bank capital levels.

Bendigo Bank has helped raise more than $262,000 in donations to support recovery efforts for bushfire victims across Australia.

Liberty Financial has appointed a new chief executive officer and chief financial officer to lead its New Zealand operations.

The prudential regulator has revealed what areas of the banking sector it will be focusing on over the next 12 months, including capital requirements and competition.

The CEO of Australia’s largest mortgage lender has announced changes to the group’s senior executive team.

The latest consumer price index (CPI) figures confirm the Reserve Bank’s assessment that inflationary pressures are well contained, according to the Real Estate Institute of Australia (REIA)

Demand for home loans dropped significantly for a second consecutive quarter, according to new research by Veda.

NAB says business confidence is “encouragingly resilient and positive” despite recent market volatility and weak economic data.

China’s current economic position has caused it to overtake Greece as the “main worry” for global financial markets, argues BlackRock.

Analysis of recent rate discounts has found that “double standards” are rife among Australian lenders who offer better deals to new borrowers.