Economy

The executive director of one of Australia’s biggest banks has expressed his concern over APRA’s decision to elevate the importance of ratings agencies in the risk assessment of mortgage ...

APRA’s proposed changes to Australia’s securitisation framework are a credit positive for banks, according to Moody’s Investors Service.

The number of banking apps accessed via smartwatches will reach 10 million in 2017, and will rise to more than 100 million by 2020.

Families from southern capitals are looking to the north for a better quality lifestyle at an affordable price, according to the chief executive of a Brisbane-based property group.

A top economist claims the prudential regulator has “opened the door” for banks to hike rates out-of-cycle for their own commercial interests under the guise of macroprudential measures

The delinquency and default rates for Australian residential mortgage-backed securities (RMBS) and asset-backed securities (ABS) will rise slightly in 2016, according to Moody’s Investors ...

AMP has appointed a new non-executive director to its board, following the departure of Paul Fegan.

The SME finance provider has been internationally acknowledged for its contribution and dedication to the trade finance sector at the annual Trade Finance Global Awards.

Australian banks’ healthy asset quality has reached its peak, but they are well-capitalised to absorb any losses, according to Moody’s Investors Service.

An increasing number of new homes are set to come online, which should reduce shortages and ease price pressures.