Economy

The UK central bank has announced a series of changes to enhance transparency, accountability and governance.

Narrowing the gap between mortgage risk weights of the majors and regionals will do little to change competition in the home loan market, according to Morningstar.

Deloitte has announced a new chief executive to replace outgoing CEO Giam Swiegers.

An Australian non-bank lender has announced a net profit before tax of $61m for the year ended 30 June 2014.

Western Australia has again been ranked the strongest residential construction market in the country.

A leading economist has claimed that the central bank could be forced to cut interest rates if the majors are forced to hold additional capital.

Deflation will threaten global markets throughout 2015 despite low interest rates and central bank stimulus, according to one expert.

Australia’s housing market is set for “a year of flat activity” in 2015, according to Domain Group senior economist Andrew Wilson.

Demand for home loans experienced a slight increase during September, according to the Australian Bureau of Statistics (ABS).

The Financial System Inquiry’s final report is good news for consumers, according to the Customer Owned Banking Association (COBA).