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Economy

Consumers respond well to rising house prices

The latest ANZ-Roy Morgan index has shown Australian consumer confidence remains steady in the current environment.

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Record-low rates not stimulating spending

Slow business investment and a relatively solid dollar have weakened the effects of low interest rates, according to a new report by a global research firm.

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Low rates fall on deaf ears: YBR

The vast majority of Australians are not refinancing despite historic lows in interest rates, according to new research released by Yellow Brick Road.

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COBA seeks delay on deposit tax changes

The Customer Owned Banking Association (COBA) has called for the federal government’s tax review to be completed before any changes to deposit taxes are considered.

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RBA announces interest rate decision

The Reserve Bank of Australia has announced the result of its monthly board meeting.

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RBA tipped to stand still on cash rate

Experts unanimously agree that the Reserve Bank of Australia will leave the cash rate on hold at today’s monthly board meeting.

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Big four have big call to make on P2P: SocietyOne

Australia’s big banks appear to be faced with an “innovator’s dilemma” of whether to crush, ignore or co-opt the peer-to-peer sector.

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Chinese economy ‘doomsday’ misguided

China’s slowdown should not be seen as a sign the world’s most populous nation is headed for economic instability, says global asset manager AB.

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Surging P2P sector picking up big four scraps

Peer-to-peer lending is expected to enjoy exponential growth as healthy margins attract new players to fill niches left untouched by the big banks.

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Fintech start-up takes aim at ‘complex’ banks

The disruption of traditional banking has continued with the launch of an online credit platform that targets the small business sector.

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