Economy

Australia’s customer-owned banks are confident that a Senate committee report on the credit card market has delivered positive recommendations that can be implemented quickly.

One of Australia’s big four banks has highlighted its asset quality and capital position as regulatory changes look to continue in 2016.

Diversified financial services group Omniwealth has appointed Atle Crowe-Maxwell as its COO and as director of its new business advisory service.

APRA has made a significant change to its capital framework for banks, following consultation with the Council of Financial Regulators.

New South Wales has been named the strongest housing market in the nation, according to the Housing Industry Association’s (HIA) recently released Housing Scorecard.

A professional property investor and mentor has warned that some investors could run into trouble if interest rates start to rise next year.

A global investment management group has published its 2016 outlook for the Australian economy.

The 2016 outlook for Asia-Pacific banks is stable, but asset quality and profitability will deteriorate for many of the region’s banking systems, according to Moody’s Investors Service

The nation’s largest mortgage lender has warned of serious risks to off-the-plan property investors in two capital cities.

A leading Australian economist has argued that the US central bank’s decision to raise the Federal Funds rate to a 0.25 to 0.5 per cent range won’t lead to a higher cash rate here at home.