Economy

Standard & Poor's has affirmed the 'strong' rankings assigned to non-bank lender Resimac as a prime and sub-prime residential-loan servicer.

The Reserve Bank of Australia has warned that rising property prices are creating risks in the economy and are unlikely to improve the wealth of nation.

Chinese banks account for four of the five largest banks in the world, after weakening currencies pushed both French and Japanese companies out of the top five.

Australia's economic outlook remains mixed, with employment growth improving but mining investment looking increasingly negative.

A listed Australian bank has announced it will wind up its LMI subsidiary to strengthen its capital position.

ASIC has permanently banned a former major bank senior financial planner after an investigation found he had submitted false insurance policy proposals to the bank in order to obtain ...

Consumer confidence surged by 7.9 per cent in August, much to the surprise of economists.

Australia’s largest mortgage lender has today revealed it will raise additional capital after posting a record $9.1 billion profit.

Diversified financial services firm FlexiGroup has announced the appointment of Andrew Abercrombie as its new chairman.

Australia’s central bank has raised the extraordinary possibility that property prices in Sydney and Melbourne have not yet responded fully to ultra-low rates.