Economy

Mar 17 2015

The merger of two non-banks will create a mortgage group with a loan book of more than $4 billion, writing in excess of $1 billion a year in new business.

Mar 17 2015

A Mortgage Business poll has found accountants are the strongest referral partners among five key professions in the financial services industry.

Mar 16 2015

APRA chairman Wayne Byres has revealed that the prudential regulator is adopting a ‘focused and intensive’ approach to concerns with the culture of Australia’s banks.

Mar 16 2015

One of the industry's most prominent groups has teamed up with a global business intelligence company to provide customers free access to their credit score.

Mar 16 2015

Recent analysis of Interim Finance’s portfolio has revealed a 220 per cent increase in construction loans from the previous financial year. This significant jump can be attributed to a ...

Mar 13 2015

AMP Bank has named industry veteran Laurie Duffus as its new state manager for third-party distribution across Victoria, South Australia and the Northern Territory.

Mar 12 2015

The Reserve Bank has admitted that the official cash rate is a ‘blunt tool’ and that monetary policy guides the economy ‘imprecisely’.

Mar 12 2015

With regulatory changes looming, Veda and Deloitte hosted 30 Australian organisations at an anti-money laundering compliance forum last week to discuss collaboration across multiple ...

Mar 11 2015

A NSW man will stand trial for fraud following an ASIC investigation that found the former company director had advised investors to set up SMSFs for property investment.