Economy

A new report has warned that new mortgages in Sydney and Melbourne are at risk of default when rates eventually rise.

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

Fresh figures from the prudential regulator reveal two big banks lost market share over the 12 months to March.

Bank managers are increasingly losing the respect and trust of their customers, according to a new survey.

Deloitte lead partner Kevin Nixon has spoken out about significant changes to the global financial system and the impact on the business models of major banks.

Authorities from the United Kingdom and the United States have issued Deutsche Bank a number of fines totalling US$2.5 billion for manipulating its interbank lending rates.

Bendigo and Adelaide Bank has been named Australia’s most reputable third-party bank as part of an annual global study.

FSI chairman David Murray has spoken out about his concern over non-bank lenders and new entrants into the Australian mortgage market.

Distortions in the Australian mortgage market were debated at length last week by the FSI's David Murray and a number of Australian bank chiefs.

Property interest remains high despite housing affordability being an increasing concern for FHBs, according to the 2015 QBE Barometer report.