Economy

One of Australia's big four banks has announced the appointment of a new chief executive officer.

ME Bank and the Co-op will continue their partnership for a second year after signing up over 9,000 members to the new joint ME Bank Debit MasterCard and Co-op membership card in 2014.

Australia’s estimated seasonally-adjusted unemployment rate for January was 6.4 per cent, according to the Australian Bureau of Statistics.

Auction volumes are currently tracking around 8 per cent lower across capital cities than at this time last year.

New lending figures reveal a 6 per cent increase in investor loans over the month of December.

Mortgage originators have raised approximately $1 billion in securitisations since November last year, with around half backed by non-conforming mortgages, according to the Reserve Bank of ...

Tony Abbott will harm the cause of rental affordability if he eliminates negative gearing in the next Budget, the industry’s peak body has warned.

Reserve Bank of Australia governor Glenn Stevens says the Australian financial system needs to be “well prepared” for a sharp increase in the use of China’s currency for trade purposes

The Reserve Bank’s statement on monetary policy for February suggests the cash rate is still not low enough.

Bernie Fraser has announced he will step down as ME Bank chairman after nearly 15 years.