Economy

The latest ANZ-Roy Morgan index has shown Australian consumer confidence remains steady in the current environment.

Slow business investment and a relatively solid dollar have weakened the effects of low interest rates, according to a new report by a global research firm.

The vast majority of Australians are not refinancing despite historic lows in interest rates, according to new research released by Yellow Brick Road.

The Customer Owned Banking Association (COBA) has called for the federal government’s tax review to be completed before any changes to deposit taxes are considered.

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

Experts unanimously agree that the Reserve Bank of Australia will leave the cash rate on hold at today’s monthly board meeting.

Australia’s big banks appear to be faced with an “innovator’s dilemma” of whether to crush, ignore or co-opt the peer-to-peer sector.

China’s slowdown should not be seen as a sign the world’s most populous nation is headed for economic instability, says global asset manager AB.

Peer-to-peer lending is expected to enjoy exponential growth as healthy margins attract new players to fill niches left untouched by the big banks.

The disruption of traditional banking has continued with the launch of an online credit platform that targets the small business sector.