Economy

A new scheme in London, which would see property buyers be able to secure affordable housing without the need for a deposit or even a mortgage, is trying to get off the ground.

Asset classes are becoming more closely intertwined and investors should therefore rethink the way they look at diversification, according to banking and asset management group Investec.

Most people don’t like small talk – we’re all far too busy and important, and just want to get on with whatever it is we’re doing. The thing is, every person we meet has the potential to ...

Domain Group senior economist Andrew Wilson has poured cold water over suggestions Australia is in the midst of its largest-ever housing bubble.

Financial planners that provide life and risk insurance advice will be subject to a new remuneration regime after the federal government backed an industry proposal.

Heritage Bank has announced plans to launch a new mobile app in a move it says is the first of its kind by a non-major bank.

Scottish Pacific Business Finance has been approved by the federal government’s export credit agency as the first non-bank lender to offer funding for Australian exporters.

Credit ratings agency Moody’s has announced it has assigned counterparty risk assessments to 18 Australian banks, including the big four, as part of a move to increase oversight of banking ...

***Updated*** IOOF is under investigation by ASIC and has commissioned an external compliance audit by Pricewaterhouse Coopers, following allegations of wrongdoing, including insider ...

New research has found that job opportunities in the financial services sector are supporting employer optimism into the new financial year.