Economy

Australia’s banking sector is powering ahead with strong growth in mortgage volumes and profits, according to new statistics from the prudential regulator.

Yellow Brick Road will gain an additional 19 shopfronts as the acquisition of Resi takes full effect over June.

The Reserve Bank of New Zealand has reduced its official cash rate by 25 basis points to 3.25 per cent, indicating congruence in cross-Tasman monetary policy.

Australia’s banks need to avoid a “lazy” approach to mortgage portfolio repricing in light of debate around higher capital requirements, JP Morgan has warned. A new report, co-authored by ...

Pepper Australia has completed what it has described as the “largest non-conforming RMBS issue since the emergence of the financial crisis in 2007”.

Businesses need to ensure that they have appropriate security and processes in place to remain safe and sustainable, according to one accounting firm.

The total value of outstanding home loans written by banks and ADIs has surged to an all-time record of $1.39 trillion, according to the Australian Bureau of Statistics.

Joe Hockey has revealed that the authorities are investigating as many as 195 foreign investors, including one who may have illegally acquired more than 10 properties.

Joint accounting body CPA Australia will apply for an Australian Credit Licence in a bid to “shake up” the financial services sector.

The Finance Brokers Association of Australia (FBAA) has welcomed increased scrutiny of credit card interest rates.