Economy

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.

More than half of SMEs do not have a plan in place when it comes to exiting their business, according to a study by one accounting firm.

Fresh findings from the Property Council of Australia show strong demand for office space in Sydney and Melbourne has driven the average national vacancy rate down.

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.