Economy

Jul 3 2015

Ten third-party banks are growing their investor lending books faster than APRA guidelines – and three have actually picked up the pace in the past year.

Jul 3 2015

Money markets have been much more subdued about this week’s technical default by Greece on a key debt repayment than in previous bailout negotiations, yet an exit from the eurozone still ...

Jul 2 2015

CPA Australia has signalled that it is looking to fill two senior roles after announcing plans to apply for an Australian Financial Services Licence (AFSL) and Australian Credit Licence ...

Jul 1 2015

A new poll reveals most Australians have little trust in the major banks, suggesting the need to implement the Financial System Inquiry’s (FSI) recommendations.

Jul 1 2015

Mortgage lenders and brokers are among those being urged to take a more active role in global efforts to drive responsible and sustainable business practices.

Jun 30 2015

In a positive note for the Australian banking sector, a report by ratings agency Moody’s shows that the funding gap of local banks continues to narrow.

Jun 29 2015

Inadequate accounting of climate risks could be opening the global financial system up to a fresh crisis, according to a new report.

Jun 29 2015

A new scheme in London, which would see property buyers be able to secure affordable housing without the need for a deposit or even a mortgage, is trying to get off the ground.

Jun 29 2015

Asset classes are becoming more closely intertwined and investors should therefore rethink the way they look at diversification, according to banking and asset management group Investec.