Economy

MyState Bank has successfully priced a debt issue that it says will strengthen the bank’s capital reserves and allow it to maintain strong loan growth.

The Commonwealth Bank has been recognised as the highest-ranked commercial organisation in Australia for consumer privacy by a global financial advisory group.

There are 13 places throughout Australia where house prices have at least doubled in the past five years.

Credit ratings agency Moody’s Investors Service says the outlook for New Zealand’s banks are “Aaa stable” based on healthy capitalisation, asset quality and profitability.

Over half of financial services executives have identified environmental, social and governance (ESG) issues as the top concern over the next decade, according to a new survey by BNP Paribas

A new app designed by a non-major bank aims to reduce the amount of time and money consumers spend searching for a home.

The head of one lender has described APRA’s continued efforts to reduce investor lending as “ineffectual”, suggesting the moves are satiating short-term political will rather than developing ...

The outlook for Australia’s banking system is “stable” despite an increasingly challenging operating environment, according to a leading credit ratings agency.

One industry economist has changed his forecast that the Reserve Bank will reduce the cash rate to 1.5 per cent by the end of the year, but is sticking by his call on the Australian ...

A prominent business survey has reported an increase in both business conditions and confidence in the SME market, rising by two points overall in the June quarter.