Economy

Bank of Queensland has announced the appointment of Jon Sutton as its chief executive, effective immediately.

Centrepoint Alliance has secured a new funder and increased its finance facility by 30 per cent.

The Credit and Investments Ombudsman has announced an increase in the monetary compensation limit available to complainants to $309,000.

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

It was an action-packed year that featured several financial scandals, vital moves on the regulatory front and a hint that a massive third-party shake-up may be on the way.

Australia’s major banks are forecast to continue performing strongly in 2015 and are said to be well-positioned to weather a mild recession.

A new chief executive has been unveiled to take the reins at Mortgage Choice.

Aussie Home Loans executive chairman John Symond has backed his decision to sell the majority of Aussie Home Loans to CBA in light of the recent spotlight on vertical integration.

Wide Bay Australia will seek shareholder approval to change its name to Auswide Bank at a general meeting on 20 January.

Embracing social media as part of your business will help it grow in areas other than marketing, according to a report by Deloitte.