Economy

Peer-to-peer (P2P) lender ThinCats Australia has received a significant funding commitment as it continues to grow its presence in the business lending sector.

The federal government’s financial intelligence unit has warned that some ‘gatekeepers’ are using real estate as a “significant money laundering channel”.

Australia’s banking system has been ranked above its equivalents in the US, the UK, Japan, Germany and Singapore.

Australian consumers want their mobile devices to recognise them via biometric standards, new Telstra research has found.

Customer satisfaction levels for banks remain at near-record levels despite a decline among high-value customers, according to Roy Morgan Research.

Joe Hockey is so determined to crack down on illegal overseas investment in real estate that he reported one of his neighbours to authorities.

The residential building industry is plagued by “excessive and inefficient” taxation that goes beyond purely just stamp duty, according to the Housing Industry Association.

Business confidence has been boosted as a result of the federal Budget but remains fragile, according to Roy Morgan Research.

CPA Australia has seen a flood of expressions of interest from members after announcing plans to apply for an Australian Financial Services Licence and Australian Credit Licence.

The Australian Taxation Office has issued a stern reminder to SMSF trustees about the “severe consequences” for those who attempt to make mortgage payments with their superannuation funds ...