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Innovation

Owner occupiers drive housing credit growth

Growth in owner-occupied housing credit continued to outperform the investor segment in January, research by ANZ shows.

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House price growth to slow in 2016

Home value growth is likely to slow down across Australia this year, according to a recent report.

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MyState sees 32% settlement growth and makes key appointment

MyState Limited has recorded a surge in its profit and loan book for the first half of 2015-16, and announced the appointment of a new general manager.

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CBA launches Hong Kong innovation lab

Australia’s largest lender has launched a Global Innovation Network with a lab in Hong Kong, with a second offshore innovation lab to open in London later this year.

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Another state gains access to PEXA

Brokers and consumers in four Australian states have now been connected to the country’s emerging electronic conveyancing network.

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Turnbull's innovation agenda overlooks corporate sector

A new report argues that the federal government’s innovation agenda will not address “the key systemic deficiencies” surrounding corporate Australia.

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NAB backs government’s innovation agenda

In order for the Australian economy to continue to grow, the federal government will need to foster greater innovation and reform the taxation system, according to NAB.

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Businesses continue to drive credit growth

Overall credit growth rose again in October, with business lending experiencing the biggest increase, according to a major bank.

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P2P funder achieves rapid growth

Strong cash flow demand from Australian business has driven significant first-year growth for a peer-to-peer invoice financier.

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Business credit growth hits seven-year high

Overall credit growth was stronger than expected during September, led by the strongest monthly growth in business credit in seven years, according to ANZ.

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