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Economy

7 October 2015

Moody’s Investors Service says a reduction in the proportion of investment loans in Australian RMBS is positive for such deals as it reduces the number of riskier mortgages in RMBS pools

6 October 2015

Moody’s Investors Service believes the major Australian banks will continue to accumulate capital for some time despite completing a series of capital management initiatives in recent months

5 October 2015

Master Builders Australia CEO Wilhelm Harnisch has said Scott Morrison’s call for national leadership to improve housing affordability is a long-held view of the association.

5 October 2015

The "oligopolistic" Australian banking sector will need to spend "more and faster" on IT infrastructure in order to keep up with technological change, according to an AMP Capital report.

5 October 2015

Families are increasingly opting for regional locations to combat Sydney’s rising lack of affordability, according to a new report by real estate guru John McGrath.

2 October 2015

Incoming Heritage Bank CEO Peter Lock says a key challenge of his new role will be guiding the lender through industry-wide changes that are impacting the sector.

2 October 2015

Peer-to-peer (P2P) lender RateSetter has made its loan book public as it pushes for greater transparency and accountability in the lending market.

1 October 2015

The former managing director of St. George Bank in Victoria has been appointed chief executive of ASX-listed Heritage Bank.

1 October 2015

One of Australia's big four banks has today announced a new chief executive officer.

1 October 2015

Teachers Mutual Bank has delivered a strong profit result for the 2015 financial year driven by a significant increase in residential mortgage lending.