Economy

Wide Bay Australia shareholders have approved a change of name to Auswide Bank at a general meeting.

Listed fintech provider Rubik Financial has named a new chief executive following the departure of Niek Hoogenhout.

The number of foreign buyers has reached record levels in Victoria, where they accounted for 32.5 per cent of all new property sales in the fourth quarter of 2014.

Changes to the mandatory Franchising Code of Conduct came into effect on January 1, giving the Australian Competition and Consumer Commission additional powers.

Westpac has reported an increase in consumer confidence, which the bank insists is more than just a result of the regular “holiday boost”.

An Australian lender has maintained its position as the number one non-major for third-party business.

The number of breaches relating to SMSF borrowings has spiked over the past 12 months.

Firstfolio has announced the appointment of Paul Liccione as general manager of sales and distribution and Kon Shizas as general manager of products and services.

One of the country’s largest lenders has revealed that it has already commenced planning for government changes to SMSF lending.

Sydney’s growth in dwelling values has continued to outpace the other capital cities, according to a report by CoreLogic RP Data.