Economy

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.

The largest housing bubble on record is now a “near-certainty”, two economists have warned parliament.

Britons who have retired abroad can now take advantage of the UK’s buy-to-let market after an offshore bank announced an extension of its lending to expats.

Highly subjective commercial credit decisions are leaving the banks vulnerable to unnecessary debt, a risk management firm has warned.