Economy

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.

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

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

The major banks need to raise an extra $20 billion over the next three years in order to convince APRA that their capital levels are “unquestionably strong”, according to Morningstar.

The Reserve Bank is expected to keep the cash rate on hold at 2.00 per cent at today’s monthly board meeting.

Property prices are growing faster than ever in Sydney and Melbourne, raising fresh questions of when capital gains will peak.

Industry super fund-owned bank ME has been assigned an Aaa credit rating for its first transaction of residential mortgage-backed securities in 2015.

Strong demand for commercial property in Sydney’s CBD continues, with the harbourside capital posting record year-on-year growth.

Non-bank lending is set to expand across the Asia-Pacific region, with increasing opportunities for Australia, according to a new report by real estate group CBRE.

NAB has finalised the full divestment of US-listed Great Western Bank (GWB) following the sale of its final 28.5 per cent stake.