Economy

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.

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.

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.

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

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

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

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

Australian-based technology company CPDone has released the latest version of its cloud-based broker software, which has attracted interest from overseas clients.

Bank of Queensland (BOQ) has announced it has reclassified certain home loan data previously provided as part of its regulatory obligations.

A new report has found that the number of first home buyers who experience mortgage stress has climbed drastically over the last six months.