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Economy

16 March 2015

APRA chairman Wayne Byres has revealed that the prudential regulator is adopting a ‘focused and intensive’ approach to concerns with the culture of Australia’s banks.

16 March 2015

One of the industry's most prominent groups has teamed up with a global business intelligence company to provide customers free access to their credit score.

16 March 2015

Recent analysis of Interim Finance’s portfolio has revealed a 220 per cent increase in construction loans from the previous financial year. This significant jump can be attributed to a ...

13 March 2015

AMP Bank has named industry veteran Laurie Duffus as its new state manager for third-party distribution across Victoria, South Australia and the Northern Territory.

12 March 2015

The Reserve Bank has admitted that the official cash rate is a ‘blunt tool’ and that monetary policy guides the economy ‘imprecisely’.

12 March 2015

With regulatory changes looming, Veda and Deloitte hosted 30 Australian organisations at an anti-money laundering compliance forum last week to discuss collaboration across multiple ...

11 March 2015

A NSW man will stand trial for fraud following an ASIC investigation that found the former company director had advised investors to set up SMSFs for property investment.

11 March 2015

The man behind a collapsed financial services group that offered mortgage broking and property investment advice has been banned by the corporate regulator from providing financial services ...

10 March 2015

A new online lending platform has revealed plans to pay mortgage brokers up to 75 basis points for helping the group target growing SMEs that can no longer receive funding from the majors.

10 March 2015

Former US senator Barney Frank has raised concerns over the “continuing insufficient alignment of interest” within the US residential mortgage market.