Economy

The number of properties under $400,000 is diminishing as capital city dwelling values rise.

Gateway Credit Union has revealed that almost all of its customers are satisfied with its products and service.

The head of an Australian regional bank has stressed that the mortgage market is in urgent need of reform if Australians are to benefit from competition.

A parliamentary inquiry into foreign investment in Australian residential property has raised concerns over the sources of financing used by some foreign nationals.

A new report from Deloitte has found that Australian companies will need to innovate quickly and efficiently to adapt to the needs of customers in new markets.

David Murray has reminded Australian financial institutions that they have the ability to affect people’s lives in ‘significant ways’.

The Financial System Inquiry should use its upcoming final report to make consumers trust banks again – as before the GFC – Australia’s smaller lenders have urged.

There is an increasing likelihood that the Reserve Bank of Australia will cut rates next year, according to global asset manager AllianceBernstein.

AMP Capital chief economist Shane Oliver believes China’s rate cut is good news for Australia’s economy as well as its own.

A new non-bank player has entered the Australian lending industry with a promise to provide a viable alternative to the majors.