Economy

The Reserve Bank of Australia has made its cash rate decision, following a month of intense speculation.

The Reserve Bank of Australia has made its cash rate decision, following a month of intense speculation.

The Property Council of Australia has made a submission to the federal government that warns of the consequences of the government’s proposed changes to foreign investment rules.

Four banks have called on the government to act now to repair the ‘inequitable’ framework currently allowing some banks ‘huge’ advantages in risk-weighting their home loans.

More disruptive technology can be expected in the banking industry if a government inquiry gets its way.

Commonwealth Bank has launched a new EFTPOS tablet set to transform the sales experience between businesses and customers.

A leading economist has warned that the major banks could soon be targeted by the prudential regulator after fresh figures point to continued growth in investor lending.

The Centre for International Finance and Regulation has advised Treasury that the financial services industry faces ‘significant disruption’ from new technology.

A senior economist has pointed to the Reserve Bank’s latest Financial Stability Review to highlight how difficult it is for the Australian economy to transition away from mining-led growth ...

Buyers have been warned that the surge in investment activity could trigger a jump in speculative behaviour and ultimately a “significant” fall in prices.